Each borrower makes monthly payments according to their loan agreements, which can consist of principal, interest, and late payment fees, or any combination of the above. The principal part of the payment reduces the carrying value of your investment, while the interest and late payment fee portion of the payment is treated as your income. Your portion of the payment, which is calculated based on your investment in any particular loan (available until they are gradually phased out and eventually replaced by Sets of Notes) or Set of Notes, will be added to your Mintos account after the payment has been processed. Because different loans have different payment due dates, most investors with multiple investments see a continuous stream of payments added to their Mintos account throughout the month. Repayments of both investments in loans by means of assignment agreements and in Notes are tied to the actual loan repayments made by borrowers.