Here are the details on what these schedules are, why they matter, and how you can create your own. We have your simple and straightforward guide to amortization schedules.
It's worth understanding (at least at a high level) what it is and how it works so that you can keep a better eye on your money.Īlready cringing? Don't worry.
Well, take a few blinks - because an amortization schedule is something you're highly likely to encounter at some point in your life. Unless you're a whiz with financial mathematics, 'amortization schedule' is probably one of those terms that immediately makes your eyes glaze over.