Glossary

A glossary is a dictionary of terms specific to a certain subject. A biology textbook might have a glossary in the back, so you can quickly look up all those technical words.

Amortization Schedule

Updated on 2023-08-29T11:59:12.700247Z

Amortization Schedule is a table prepared to show that how much of the monthly loan payments goes to settling the principal amount and interests during the tenure of the loan. It helps in understanding the outstanding balance or the interest cost at any point of time to plan the future payments of the loan.