Sentences with phrase «year amortization schedule down»

If you're diligent with repayment strategies, you can double up your payments and shorten your 25 - year amortization schedule down to five or seven years.

Not exact matches

Assuming you have a respectable FICO you can buy, with a FHA Loan (3 - 5 % down, a 30 year amortization schedule, and a residential loan rate).

To refresh, an amortization schedule is used to break down monthly payments of principal and interest over a set time period, commonly 20, 25 or 30 years.

A 30 - year amortization schedule breaks down the monthly payments to pay down the full amount over 30 years and a 25 - year amortization is paid over 25 years, etc..