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Amortized Loan

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munna99185:
An amortized loan is a loan with scheduled periodic payments that consist of both principal and interest. An amortized loan payment pays the relevant interest expense for the period before any principal is paid and reduced. This is opposed to loans with interest-only payment features, balloon payment features and even negatively amortizing payment features.

Source: Amortized Loan https://www.investopedia.com/terms/a/amortized_loan.asp#ixzz5DNvHGrKh

Tanvir Ahmed Chowdhury:
Informative post..........

Raisa:
informative

shahanasumi35:
Informative post. Thanks for sharing.

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