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The mortgage lender will supply the borrower with a complete amortization schedule when requested. The schedule will show previous payments made and the application of all future payments until the completion of the loan.

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โˆ™ 2005-03-17 15:28:09
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Q: What is the formula for finding the amortization schedule for at least 3 monthly payments of a 30-yr loan?
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What is an amortization schedule?

a display of the number of payments and the amount of interest that will be paid. If you are interested in what an amortization schedule is, there are many information websites to help you. However, to answer you question, it is a calculator used to calculate loan payments and how much goes towards the interest and how much goes towards the principal.


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