"Year amortization" means spreading out the repayment of a loan or debt over a period of one year. It refers to the process of paying off the loan gradually, usually in monthly installments, until it is fully repaid within one year. Full definition
The deal includes a 15 - year term loan on a 30 - year amortization schedule with a reverse earn out. (nreionline.com)
Twenty - year amortization with 10 - year terms is common, but 25 - year and 30 - year mortgages are not difficult to get, according to several respondents. (nreionline.com)
• Up to 75 % financing with 30 year amortization for primary or second home occupancy. (clearlending.com)