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What Is an Amortization?

What is amortization?



Member advice on What Is an Amortization?  
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by jsquarejj
 May 16, 2001 Amortization schedule reveals shocking truth! Mortgage interest exceeds principal!
Amortization is just the process of paying off a loan by making periodic payments. An amortization schedule breaks down each payment into principal and interest.... read full review 		Very Helpful
by bill8643
 Feb 21, 2001 How to save a LOT of money on your home loan
Everyone who is considering a major purchase should get familiar with this topic.... read full review 		Very Helpful
by lisalexx
 Feb 21, 2001 The Tool That Shows How You're a Fool!
An amortization schedule is the worksheet that not only affirms your homeownership but also makes you question your intelligence.... read full review 		Very Helpful
   

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