the amortization vs amortization

Both 'the amortization' and 'amortization' can be correct depending on the context. 'The amortization' is used when referring to a specific instance or process of amortization, while 'amortization' is used in a general sense or as a concept.

Last updated: March 17, 2024 • 1235 views

This phrase is correct when referring to a specific instance or process of amortization.

"the amortization"

Use 'the amortization' when you want to specify a particular amortization process or instance.

Examples:

The amortization of the loan is scheduled over 30 years.
I need to understand the details of the amortization before making a decision.

Show examples from the web [+]

Understanding The Mortgage Payment Structure. We explain the calculation and payment process as well as the amortization schedule of home loans. Credit & Loans. Mortgage Basics. Learn how to navigate what may be your biggest and ...
The first payment is assumed to take place one full payment period after the loan was taken out, not on the first day (the amortization date) of the loan. The last payment completely pays off the remainder of the loan. Often, the last payment will ...
A greater amount of the payment is applied to interest at the beginning of the amortization schedule, while more money is applied to principal at the end. Commonly it is known as EMI or Equated Monthly Installment. P \,=\,A\cdot\frac{1- \left.
An amortization calculator is used to determine the periodic payment amount due on a loan (typically a mortgage), based on the amortization process. The amortization repayment model factors varying amounts of both interest and principal ...

Alternatives:

the depreciation
the payment schedule
the repayment plan
the installment plan
the loan amortization

This phrase is correct when used in a general sense or as a concept.

"amortization"

Use 'amortization' when discussing the general process of spreading out payments over time or as a financial concept.

Examples:

Amortization is an important factor to consider when taking out a mortgage.
The company follows a strict policy of amortization for its assets.

Show examples from the web [+]

DEFINITION of 'Amortization'. 1. The paying off of debt with a fixed repayment schedule in regular installments over a period of time. Consumers are most likely to encounter amortization with a mortgage or car loan. 2. The spreading out of ...
This mortgage loan calculator - also known as an amortization schedule calculator - lets you estimate your monthly loan ... This mortgage loan amortization calculator should only be used to estimate your repayments since it doesn't include ...
Amortization (or amortisation) is the process of decreasing, or accounting for, an amount over a period. The word comes from Middle English amortisen to kill, alienate in mortmain, from Anglo-French amorteser, alteration of amortir, from Vulgar ...
This amortization calculator will help you determine how much of your monthly payment will go toward the principal and how much will go toward the interest. You can also use this calculator to create a printable amortization table for your loan ...

Alternatives:

depreciation
payment schedule
repayment plan
installment plan
loan amortization

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the amortization vs amortization