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What of these defines the term amortization?
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Asked in Mortgages
How is a mortgage amortization table created?
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Asked in Chemistry
What term defines a substance that cannot be dissolved in a solution?
Asked in Loans
What is meant with amortization schedule mortgage?
Breakdown of the amortization in to Interest and Principal is called Amortization schedule. This is useful customers to know how much interest is stuffed in to an amortization. These days EMI is most popular way of amortization, where customer pays same amount throughout amortization period. With Amortization Schedule customer can know how much interest he is paying in every amortization. Find more info at www.investorwords.com/202/amortization_schedule.html