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Real Estate Glossary

Amortization Schedule

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Richard Wilson
Written by Richard Wilson

This is the contractual schedule of interest and principal payments that are owed by the borrower to the lender for the principal borrowed. It is utilized by lenders to present a loan repayment schedule based on a certain maturity date.

This is the contractual schedule of interest and principal payments that are owed by the borrower to the lender for the principal borrowed. It is utilized by lenders to present a loan repayment schedule based on a certain maturity date.

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Richard Wilson

Richard Wilson

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