a calculation involving interest and regular payments, or reductions, in an account or debt
a month-by-month breakdown of a loan including the principal payment, interest paid and the remaining balance on the note after the payment is made
A table that shows the gradual decline in the loan balance over the term of the loan.
A chart that breaks out the total annual payment per year, over the entire term.
Table of factors that shows how loan principal is repaid based on the interest rate and loan term.
A table that shows how much of each payment will be applied toward principal and how much toward interest over the life of the loan. It also shows the gradual decrease of the loan balance until it reaches zero.
Mathematical tables used to calculate a borrowerâ€™s monthly payment.
A table showing the amount of a principal and interest due at regular payment intervals and the corresponding unpaid balance of the loan after each payment.
With regard to real estate; it is a table of calculations used to help determine the monthly payments on a home loan.
An amortization table shows the amount of each payment applied to interest and principal and shows the remaining balance after each payment is made.
A mathematical formula used to calculate monthly mortgage payments based on the borrowed loan amount, the interest rate, and the loan term. Click here for additional information.
Mathematical formula for calculating a borrower's monthly payments, based on the amount borrowed, the interest rate and the term of the loan.