Meaning Amortized Loan
What does Amortized Loan mean? Here you find 5 meanings of the word Amortized Loan. You can also add a definition of Amortized Loan yourself
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Amortized LoanA loan that is repaid in equal payments over its life.
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Amortized LoanAmortized loan are installment loans where monthly payments are used first to reduce the interest balance, and the remaining amount will be used towards the principal balance. The advantage of this ty [..]
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Amortized Loan A loan to be repaid, by a series of regular installments of principal and interest, that are equal or nearly equal, without any special balloon payment prior to maturity.
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Amortized LoanA loan which is paid off in equal installments during its term.
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Amortized LoanA loan that is paid off both interest and principal by regular payments that are equal or nearly equal.
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