Skip to content

About Us

Call

Email

About Us

Financial Education

Menu

Financial Education

S1 Finfit

S1 Finfit

Loan Options

About Us
Financial Education
S1 Finfit
Loan Options

Menu

About Us
Financial Education
S1 Finfit
Loan Options

Defining Compound Interest

Budgeting and Savings

Lesson 6

Model homes on a table with a wooden percentage symbol

Model homes on a table with a wooden percentage symbol

by Sarah Kohut

, Synergy One Lending

A quick explanation of compound interest and how it works.

Our Other Course Categories

Budgeting and Savings Course
Savings Tips
Credit Course
Homebuying Course
Home Extras
Finance Extras

Budgeting and Savings Course
Savings Tips
Credit Course
Homebuying Course
Home Extras
Finance Extras

PrevPreviousFollow These Rules to Protect Your Credit Score

Synergy One Lending, Inc. NMLS #1907235

CORPORATE HQ:
610 W. Ash Street, Suite 1505
San Diego, CA 92101
(888) 995-1256

Synergy One Lending, Inc. ©2026

Privacy Policy
Licensing

NMLS Consumer Access
Synergy One Lending is an Equal Opportunity Employer, EEO is the law.

Synergy One Lending, Inc., NMLS 1907235 | www.nmlsconsumeraccess.org | 610 W. Ash Street, Suite 1505, San Diego, CA 92101 | (888) 995-1256 | State required licensing information for S1L: AZ BK #1006787; Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Act and the California Financing Law license; GA Residential Mortgage Licensee #70829; KS Mortgage Company License #MC.0025627 and KS Supervised Loan License #SL.0026885; MA Mortgage Lender/Broker License #MC1907235; NV Mortgage Company License #5186; Licensed by the N.J. Department of Banking and Insurance; OH Registration #RM.804609.000; Rhode Island Licensed Lender and Broker.

* By entering your information and clicking “Get My Results”, “Submit”, “Let’s Get Started”, or “Apply Now” you are authorizing Synergy One Lending to contact you, using the information you provided above. We may call, email or text you and Message and Data Rates may apply. You can STOP messaging by sending STOP and get more help by sending HELP. We may use automated dialing systems, prerecorded voice messaging and AI (Artificial Intelligence) Assist in connection with calls or texts. This permission applies even if you are on a company, state or national Do Not Call Registry. You may opt-out of receiving these communications at any time. This consent is not requirement to obtain a loan. You may choose not to submit and contact us directly by our phone number listed. Our commitment to privacy can be found in our Privacy Policy. Click here to see our Terms of Use. To review your Opt-Out options Click here.

¶

‖

Facebook Twitter Linkedin Instagram Youtube

Buy a Home
Refinance
Find A Loan Officer
Calculator
Loan Options
Join S1L
Video

Buy a Home
Refinance
Find A Loan Officer
Calculator
Loan Options
Join S1L
Video