You can save money and shave years off the length of your loan by paying more on
your monthly mortgage payment than your regularly scheduled amount. How much
can you save? Fill in the boxes below, including the amount of the additional
payment and the number of times you will make that increased payment each year.
What is amortization?
Amortization is the allocation of a lump sum amount to different periods of time, particularly for loans and other forms of finance, including related interest or other finance charges.
Equity Plus Mortgage | Phone: (800) 686-7020 or (708) 535-0188 | Email: info@epmloans.com
