amortization table

3 Keys to understanding your mortgage amortization chart

3 Keys to understanding your mortgage amortization chart

When we are going to apply for a mortgage there are a series of concepts and financial terms that we are going to find that we may not be used to. However, it is important that we understand the meaning of some of them and know how to interpret them throughout the life of the loan. This is the case of the mortgage amortization table. This document provides us with very valuable information to understand the trajectory of our debt. Its interpretation can be complex, so in this article we want to clarify all doubts. What elements are we going…
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