Can you use an amortization table to calculate loan payoff?

How do I calculate the total cost of my mortgage?

How do I do an amortization table for bonds?

How do you calculate amortization?

How do you create an amortization schedule?

How do you determine the statutory interest rate?

What does an amortization look like?

loans math what is

Question by cookiebkr (23)

I do not understand what amortization is.

Answer by Chaneygirl (1755)

Amortization is the schedule of payments and interest over the life of the loan. It is the process of accounting for an amount over time.

Answer by Carol37 (569)

Amortization is a schedule that tells you how much of each payment is for the principal and how much for the interest and the total balance remaining.

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