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 • 1071 views

the amortization

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

amortization

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

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

What Our Customers Are Saying

Our customers love us! We have an average rating of 4.79 stars based on 283,125 votes.
Also check out our 2,100+ reviews on TrustPilot (4.9).

"Thank you!"
Sachi Nakama July 2024
"I have literally been through chat, PI, claude, bard and bing and I got conflicting answers! Thank you! Human intelligence reigns!"
Retha July 2024
"Faster than AI"
CYNTHIA December 2023
"This was very helpful and I personally think this site is the best."
Kaden October 2023
"It was extremely thorough and very helpful!"
imperialelisa October 2023
"7 years without any disappointment. Always 100% satisfied. You guys are the best in the world at what you do. Thank you so much :)"
Zubair Alam October 2023
"In a world of text messages and online communication, this is great to have as a live tool. Thank you."
Selena October 2023
"Without textranch I would be stuck!"
宏祐 October 2023
"Accuracy and fast response. Personal comments from editor. Thank you."
Clh September 2023
"I wasn't aware of this service, it's fascinating and more reliable than standard IA tools available on the internet"
Arturo September 2023
"The fact that you can get reliable fast feedback on your texts."
Vinicius Antonio August 2023
"you guys are better than grammarly i'm being honest here"
ordinary July 2023
"OMG! This is really good than any other text correction tools I've used so far. Highly recommend this."
Vehan July 2023
"Very fast and accurate. thank you."
mojtaba July 2023
"I love this app because it's help to writing skills all of students ♥️"
Tarisini July 2023
"This was exactly the mistake I was looking for, the wording dind´t sound right at first. Better than grammarly!"
Ente July 2023
"The immediate help that I received was reassuring and very satisfactory. Thanks."
priiiyanshuu July 2023
"this helps A LOT for my studies."
kathnunez02 June 2023
"Woow!! I would never have expected such precision! Thank you soooo much!!"
Berta June 2023
"Real Time Editor and not AI. Many Thanks."
Priya June 2023
"The very first thing excites me about Textranch is how much your editors care."
sepideh June 2023
"The fact that texts are checked by human editors rather than by AI, etc. I appreciate this!"
Анна June 2023
"Feel welcome, immediate response, high quality feedback"
martin.roy June 2023
"This is the best app that I have ever seen"
Burulai May 2023

the amortization vs amortization