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amortization schedule

   Also found in: Wikipedia 0.02 sec.
amortization schedule

A report that usually shows the principal and interest allocation of each monthly payment during the first year,the total principal and interest paid in each subsequent year, and the total interest that will be paid over the life of a loan. Download a template for creating loan amortization reports by going to the Microsoft Excel Web site at http://office.microsoft.com/en-us/templates.



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The loan was placed for a ten year term with a 30 year amortization schedule with a fixed interest rate for seven years.
The impairment model idea would scrap an amortization schedule in favor of a test for impairment -- essentially, an exercise "to determine if the value of the goodwill has changed," Harrington says.
The series 1999-1 refunded bonds will be paid in accordance with their planned amortization schedule prior to July 15, 2009, and any series 1999-1 bonds outstanding on July 15, 2009, will be redeemed on July 15, 2009 at 101%.
 
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