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An amortization table depicts the gradual elimination of the balance owed on a mortgage.
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An amortization table (schedule) shows each payment, how much goes to interest vs. principal, and the remaining loan balance over time — illustrating the gradual elimination of the mortgage.
An amortization table (schedule) shows each payment, how much goes to interest vs. principal, and the remaining loan balance over time — illustrating the gradual elimination of the mortgage.
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