Meaning Amortisation period
What does Amortisation period mean? Here you find 5 meanings of the word Amortisation period. You can also add a definition of Amortisation period yourself
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Amortisation periodTime taken to reduce the value of the debt through payment of regular instalments until the loan has been paid off in full. For ANZ Home Loans the maximum amortisation period is 25 years.
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Amortisation periodRepayment of a mortgage loan through monthly instalments of principal and interest. The monthly repayment amount is based on a schedule that will allow you to own your home at the end of a specific time period, (e.g. 15 or 30 years). Often referred to as the loan term.
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Amortisation periodTime taken to reduce the value
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Amortisation periodThe time taken to reduce the value of the debt through payment of regular instalments until a loan has been paid off in full. Payments are calculated to pay off your debt by a specific date.
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Amortisation periodThe period of time one has to repay a loan at the arranged terms.
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