Related Definitions

Amortization Schedule

  • Updated on

Amortization Schedule is a table prepared to show that how much of the monthly loan payments goes to settling the principal amount and interests during the tenure of the loan. It helps in understanding the outstanding balance or the interest cost at any point of time to plan the future payments of the loan.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.