What is amortization?
Amortization refers to the repayment of your mortgage loan’s principal and interest through monthly installments. Amortization schedules let you see how much your monthly mortgage payment contributes toward principal and interest. Typically when your loan begins, you pay more toward interest than principal. With time, the amount you contribute toward principal increases, until you pay off your loan in full and own your home outright.
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Contact Us
1455 W 16th Street, Yuma Arizona
Call: 928-726-7325
Email: [email protected]
Office hours:
Monday to Thursday 8:30-5:30
Friday 8:30-5:00
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