Finance Loan Amortization Calculator

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Amortization calculator - An amortization calculator is used to determine the periodic payment amount due on a loan (typically a mortgage), based on the amortization process.

Amortization schedule - An amortization schedule is a table detailing each periodic payment on a loan (typically a mortgage), as generated by an amortization calculator. Amortization schedules are calculated so that each periodic payment for the entirety of the loan is equal, making the repayment process somewhat simpler under amortization than with other models.

Bridge loan - A bridge loan (or swing loan) is a type of short-term loan in the financial industry. Bridge loans are typically taken out for a period of 2 weeks to 3 years in order to finance projects.

Negative amortization - In finance, negative amortization, also known as NegAmMort, is an amortization method in which the borrower pays back less than the full amount of interest owed to the lender each month. The shorted amount is then added to the total amount owed to the lender.


Suggested Web Sites

Execamort - Loan Amortizer Plus - Calculate APRs that comply with U.S. Regulation Z, Appendix J. Print out an amortization schedule with irregular payment dates and irregular payment amounts. Download demo, contact information, and support.

Texas Mortgage Lending - Provides residential and commercial financing. Includes loan programs, amortization calculator, online application. Based in Dallas.

Source: BazSites.com

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