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amortization schedule |
An amortization schedule is a timetable for payment of a mortgage loan (or any other type of loan). The amortization schedule takes the form of a table, which shows the amount of each payment, how much of each payment will be applied to principal and interest, , and the remaining principal balance after each payment is made, over the loan period. The gradual decrease in the outstanding loan amount (or loan balance) can also be seen in the amortization schedule. Would you like to add another definition for "amortization schedule" to the Real Estate Dictionary? Terms that closely resemble "amortization_schedule":amortization schedule - An amortization schedule is a timetable for payment of a mortgage loan (o...0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z |
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