Synonyms for «amortized»

The word "amortized" refers to the process of gradually paying off or reducing a debt, typically by making regular installments over a specific period of time. It helps in spreading out the cost of a large expense or loan over a set timeframe, making it more manageable and affordable. Full definition
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Phrases with «amortized»

Sentences with «amortized»

  • For example, 15 - Year Mortgage fully amortizes over the 15 - year period and offers all the advantages of the 30 - year loan. (inlandhomemortgage.com)
  • They are one of the only non-recourse lenders in the country that have a 30 - year fully amortized loan option. (biggerpockets.com)
  • Some banks will make fully amortized loans with long terms up to 25 years and loan - to - value ratios up to 80 %. (valuepenguin.com)
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