« HOME LOANS - The Best Mortgage | Main | What is the 1% or 1 250% Mortgage Interest Rate All »
February 16, 2006
Amortization
The term "amortization" has different meanings within different contexts. For example, it refers to the allocation of a lump sum amount to different time periods in business, and the calculation of a program's use of system resources in computer science. An amortization schedule, in general, is a record of loan or mortgage payments. This record includes the payment number, date, amount, breakdown of principal and interest and the remaining balance owing after the
From Amortization
Posted by John at February 16, 2006 05:49 PM
