Amortization schedule
Definition
A table showing the mortgage payment, broken down by interest and amortization, the loan balance, tax and insurance payments if made by the lender, and the balance of the tax/insurance escrow account.
Related Terms Other terms related to 'Amortization schedule' starting with the letter 'A' Agreement of sale, Alternative documentation, Adjustable rate mortgage ARM, Approval, Auction site Browse by Letter » 1 4 A B C D E F G H I J L M N O P Q R S T U V W Y | 