top of page

What is Amortization?

Amortization is the gradual elimination of a liability, such as a mortgage, in regular payments over a specified period of time. Such payments must be sufficient to cover both principal and interest.


Considering a career in real estate? Sign up for one of our real estate pre-licensing courses here: tocrres.com/register





6 views0 comments

Recent Posts

See All

Comments


bottom of page