What is home loan amortization schedule?

May 13, 2020 . . 10 min read
Category: Home loan

Home loan amortization is the process of reducing your home loan debt with regular payments over the loan period. A home loan amortization schedule is a table with details of periodic interest and principal repayments of the home loan along with the amount outstanding after each payment. It shows the gradual decrease of the loan balance until it reaches zero.

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