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Amortization Schedule:
A timetable for payment of a mortgage loan. An amortization schedule shows the amount of each payment applied to interest and principal and shows the remaining balance after each payment is made.
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This glossary is an extensive listing of lending and mortgage terms that you can use when working with Landmark Funding to find the right loan or mortgage for you. - To get started, select the appropriate letter for a listing of all the glossary terms that begin with that letter. Then, locate the word you are looking for. If you are unable to find a specific term, contact us for a more complete explanation.