Everything You Need To Know About Loans
|  Loan Dictionary  |    |  

  Amortization Term Definition
Amortization Term Your amortization term is the amount of time it is going to take you to completely pay off the balance of your loan. This term is broken down into months. If you have a fifteen-year mortgage, your amortization term will be180 months and if you have a 30-year mortgage, your amortization term will be 360 months.
   
   
   


    Next Steps: Read Money Saving Loan Advice and Find Lenders with the LOWEST Loan Rates.
 
Mortgage Loans Home Refinancing Home Equity Loans Vehicle Loans Auto Refinancing



Home Loans & Car Loans Search

Home Refinancing | Home Mortgages | Home Equity Loans & Line of Credit | Auto & Motorcycle Loans | Auto Refinance Loans
Home - Loans | About EchoBay Loans | Loan Advice | SitemapCredit Report Help CenterDefinition Dictionary


Copyright© 2008, EchoBay Loans Company
Mortgage Refinancing Home Loans Home Equity Loans Auto & Motorcycle Loans Auto Refinancing Credit Reports