 Negative Amortization
Occurs when your monthly payments are not large enough to pay all the
interest due on the loan. This unpaid interest is added to the unpaid
balance of the loan. The danger of negative amortization is that the
home buyer ends up owing more than the original amount of the loan.
Sites of interest about about Negative Amortization:
Courtesy links about Amortization:| 1. | EZeeChoice Mortgage
Home Equity Loan, debt consolidation or a Low Rate Refinancing we can help:
valtrk.com | | | 2. | QuikCalc Amortization Schedules Software
Quickly
and easily create amortization schedules. Add, skip or change payment
amounts and dates. Track and project payments, terms and rates. Four
editions to meet your needs, $30-$200.
slateboard.com | | | 3. | Looking For amortization
Find amortization and more at Lycos Search. No clutter, just answers. Lycos - Go Get It!
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