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  Amortization Schedule Definition
Amortization Schedule Your amortization schedule is a table that creates a timeline of your mortgage loan payment plan. This table shows you how your monthly payments are broken down and how much of each payment is going towards interest and how much is being applied towards the principal of your loan. By looking at your amortization table, you will see approximately how much you will owe at a given time up until the point where your loan is paid off.

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