What is amortization in home loans? Amortization is the process of gradually paying down a mortgage loan over time through monthly payments. Each payment chips away at the principal and interest until the loan is fully paid off. By Sarah Perrotti|2023-09-22T18:06:13+00:00September 22nd, 2023|Real Estate Terminology|0 Comments Share This Story, Choose Your Platform! FacebookTwitterRedditLinkedInWhatsAppTumblrPinterestVkXingEmail About the Author: Sarah Perrotti Leave A Comment Cancel replyComment Save my name, email, and website in this browser for the next time I comment.
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