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What is Mortgage Amortization?

What is Mortgage Amortization?

If you have a fixed-rate home mortgage, you pay the exact same amount each month. But did you know that the amount of principal you pay toward the balance of your loan changes from month to month? This is called amortization and it is a method of distribu

May 08, 2019 | Interest Rates Credit

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California Housing Administration

1625 Sweetwater Rd - D
National City, CA 91950
619-327-1400
619-327-1406
NMLS: 1805819


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