If you're looking at a property and wondering if you can afford it, it might be helpful to figure out your amortization schedule.
Amortization is the calculatio n of payments to repay a loan at the end of a fixed period.
The interest rate on your mortgage Once you have all of those figures, you can find out how much your loan payment will be each month. We have supplied you with some default numbers as a guide. All Rights Reserved. An equal housing opportunity.