1 |
AMORTIZATION TERMThe length of time over which an amortized loan is repaid. Mortgages are commonly amortized over 15 or 30 years.
|
2 |
AMORTIZATION TERMDefinition The period of time over which the loan will be amortized, usually expressed in months.
|
3 |
AMORTIZATION TERMThe amount of time required to amortize the loan. The amortization term is expressed as a number of months. For example, for a 3-year fixed-rate loan, the amortization term is 36 months. Amount Financ [..]
|
4 |
AMORTIZATION TERMThe length of time over which an amortized loan is repaid. Mortgages are commonly amortized over 15 or 30 years.
|
5 |
AMORTIZATION TERMThe amount of time you have to repay the mortgage loan. It is usually expressed in months. For example, the amortization term for a 30-year mortgage is "360 months" (12 mo/yr x 30 yrs).
|
6 |
AMORTIZATION TERMThe amount of time required to amortize a mortgage loan. The amortization term is expressed as a number of months. For example, for a 30-year fixed-rate mortgage, the amortization term is 360 months.. [..]
|
7 |
AMORTIZATION TERMThe period of time (normally expressed in years or months) used to determine the monthly payment amount required to pay back a mortgage loan in equal monthly payments. (Typically used with Balloon and ARM Mortgages)
|
8 |
AMORTIZATION TERMThe length of time required to amortize the mortgage loan expressed as a number of months. For example, 360 months is the amortization term for a 30-year fixed-rate mortgage.
|
9 |
AMORTIZATION TERMThe length of time required to amortize the mortgage loan expressed as a number of months. For example, 360 months is the amortization term for a 30-year fixed-rate mortgage.
|
10 |
AMORTIZATION TERMThe amount of time it takes to pay off the loan. The amortization term is expressed as a number of months. For example, for a 30 year fixed rate loan, the amortization term is 360 months.
|
<< AMORTIZATION SCHEDULE | AMPERAGE >> |