Loan amortization sounds like a complicated term, but its meaning is fairly straightforward. Amortization refers to the series of regular payments you make on a loan in order to pay off both interest ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

The line above displays the totals at the end of your mortgage term. At this time, you will renew your mortgage and choose among the rates that are available. When you use an amortization calculator, ...