Author Topic: Amortization Schedule  (Read 118 times)

Offline munna99185

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Amortization Schedule
« on: April 22, 2018, 01:57:23 PM »
An amortization schedule is a complete table of periodic loan payments, showing the amount of principal and the amount of interest that comprise each payment until the loan is paid off at the end of its term. While each periodic payment is the same amount early in the schedule, the majority of each payment is interest; later in the schedule, the majority of each payment covers the loan's principal. The last line of the schedule shows the borrower’s total interest and principal payments for the entire loan term.

Source: Amortization Schedule https://www.investopedia.com/terms/a/amortization_schedule.asp#ixzz5DNvZsuCo


Offline shahanasumi35

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Re: Amortization Schedule
« Reply #1 on: April 30, 2018, 11:04:06 AM »
Good post.