Concept
Version 8
Created by Boundless
Loans and Loan Amortization
Amortization Schedule Example
This shows the first few installments in the example discussed above (i.e. borrowing $100,000 at 8% interest paid monthly over 30 years).
This shows the first few installments in the example discussed above (i.e. borrowing $100,000 at 8% interest paid monthly over 30 years).
Source
Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:
"Amortization_table_%28example%29.gif."
https://upload.wikimedia.org/wikipedia/commons/a/ac/Amortization_table_%28example%29.gif
Wikipedia
CC BY-SA 3.0.