![]() ![]() ![]() ![]() ![]() ![]() |
||
| Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|
|||||||||||||||||||||||
| Mortgage Professor about amortization spreadsheet: | |||||||||||||||||||||||
|
Mortgage Prepayment by Doubling Principal
20 September 2004 "I have been advised that I can cut the life of my mortgage in half by making an extra payment to principal each month equal to that month?s principal payment. Is this true?" I have been asked this question many times and have always answered it in ... more... Save Money by Paying Mortgage Interest in Advance? 2 August 2004 " A friend was telling me of an interesting way to shorten the term of a mortgage. He says that I could instruct my bank to pay the interest portion of say the next 10 months of regular payments. My next payment would be for the 11th month on my ... more... |
|||||||||||||||||||||||
amortization spreadsheet related definitions |
|||||||||||||||||||||||
|
Negative Amortization
Negative Amortization Negative amortization, also known as Neg Amortization, NegAm, NegAmMort, occurs when borrower pays back less than the full amount of interest owed to the lender each month. The difference betweeen full interest and paid amount is added to the total amount ... more... Amortization Amortization Means loan payment by equal periodic payment calculated to pay off the debt at the end of a fixed period, including accrued interest on the outstanding balance. Fixed rate 30 year mortgage is fully amortized in 30 years loan. Some ARM loan products ... more... |
|||||||||||||||||||||||
|
More about amortization spreadsheet Pareto Chart You Say? Online Mortgage - Tools Of The Internet To Help Get The Best Home Loan Understanding Real Estate Terminology Real Estate: Will the Mortgage Lending Market Hit the Wall? Mortgage Terms Explained 'Budget' is a Four-Letter Word - Create a Spending Plan You Can Live With Business Plan Software Review: Ultimate Business Planner Budgeting -- The Critical Flaw That Causes Most Budgets to Fail Why Refinance Back into a 30-Year Loan? When Do I Need To Hire A Business Plan Consultant
|
|
||||||||||||||||||||||
|
|||||||||||||||||||||||