Loan amortization schedule

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Loan amortization schedule

The timetable for repaying the interest and principal on a loan.

Loan Amortization Schedule

The schedule according to which one repays a loan. The loan amortization schedule shows the amount of each installment and how much principal and/or interest is repaid each month. See also: Amortization.
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In a written reply, she told the House that the government is regularly paying back foreign loans according to their amortization schedules. For effective public debt management the government has enacted Fiscal Responsibility and Debt Limitation Act 2005 under which the government pursues sound fiscal and debt management policy so as to maintain its debt within prudent limits and follow debt reduction path.
This streamlined refinance of a Freddie Mac loan produced increased proceeds, a lower interest rate and extended amortization schedules, as well as closing cost savings to the borrower."
We steer people to the terms and amortization schedules that cost them the least money given their circumstances.