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Chapter 17. Building Loan Formulas > Building a Loan Amortization Schedule

Building a Loan Amortization Schedule

A loan amortization schedule is a table that shows a sequence of calculations over the life of a loan. For each period, the schedule shows figures such as the payment, the principal and interest components of the payment, the cumulative principal and interest, and the remaining principal. The next few sections take you through various amortization schedules designed for different scenarios.


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