What Is Amortization

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Posted on November 25, 2018 at 17:59 PM



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Amortization (business) - Wikipedia
Amortization of loans. In lending, amortization is the distribution of loan repayments into multiple cash flow installments, as determined by an amortization schedule. Unlike other repayment models, each repayment installment consists of both principal and interest.
How Amortization Works: Examples and Explanation
Amortization is the process of spreading out a loan into a series of fixed payments over time. You'll be paying off the loan's interest and principal in different amounts each month, although your total payment remains equal each period.
What is Amortization? (with pictures) - wisegeek.com
The process of paying off a loan through specifically structured periodic payments is known as amortization. This type of loan is different from other loans due to the way the amount and the structure of each payment is determined.

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