Meaning amortization period
What does amortization period mean? Here you find 8 meanings of the word amortization period. You can also add a definition of amortization period yourself
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amortization periodthe timeframe during which the loan amount will be paid down to a 0 balance; most hotel loans have a 25-yr amortization period, but some may be 20-yr or 30-yr
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amortization periodThe period of time it will take to pay off a mortgage in full. Not to be confused with the term of the mortgage.
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amortization periodAmortization period refers to the period of time for economic recovery of the net investment in a project.
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amortization periodThe amortization period (also known as the repayment period) is the length of time it will take to pay off the principal and interest of a loan. The normal repayment period for a student loan is 9.5 years or 114 monthly payments.
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amortization periodThe actual number of years it will take to repay a mortgage loan in full. This can be well in excess of the loan's term. For example, mortgages often have five-year terms but 25-year amortization [..]
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amortization periodNumber of years it takes to repay the entire amount of the mortgage.
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amortization periodThe time over which all regular payments would pay off the mortgage. This is usually 25 years for a new mortgage, however can be greater, up to a maximum of 30 years.
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amortization periodThe period of time it will take to fully pay off the principal amount of a mortgage. This should not be confused with the term of the mortgage, which is usually shorter.
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