Talk:Amortization schedule

message: Given as stated
 "when mortgaging a home with an amortized loan... there is substantial disparate allocation of the monthly payments toward the interest"
Disparate compared to what?
Compared to what the given (standard) amortization schedule formula indicates?
Or compared to a loan with a much shorter term?
Is the statement intended to indicate that such loans are deliberately crafted by lenders in an unfair fashion because they're not standard, or, is it supposed to be simply a warning that the lengthy terms of mortgages require payment of high total interest costs in general?
Thanks for any illumination that can be provided. 198.49.180.40 21:50, 15 August 2007 (UTC)
thread_title:  RE: Mortgages ad "disparate allocation" 

message: Does anyone know formulae (or where to find them -I had Google strikeout) for
*Declining balance 
*Increasing balance (negative amortization) 
Thanks, 198.49.180.40 21:57, 15 August 2007 (UTC)
thread_title:  RE: other models 

message: Does the following
:FV(A) \,=\,A\cdot\frac{\left(1+r\right)^n-1}{r} \,=\,A\cdot Sn|r
accurately reflect the calculation for the "Bullet (all at once)" type of amortization described in the article, where FV basically represents the single future-payment payoff value (after N periods)?
198.49.180.40 22:07, 15 August 2007 (UTC)
thread_title:  RE: existing formula for Bullet (all at once) 

message: What exactly is the effect if you make extra payments on an amortized loan? For example, lets say you have a 30 year mortgage for $200,000 at a fixed rate of 6%. For the first ten years you just make the standard payment given by the amortization schedule. Then, at the start of year #10, you decide to make an extra payment of $20,000. What will this do? I understand that it won't affect the amount of your monthly payments, it will instead reduce the term of the loan. But can anyone give more detail? In this example, exactly how much will you save in total interest payments by making that $20,000 extra payment in year #10?
It seems like you have already been paying most of the interest in those early years of the loan, because of the way the amortization schedule is set up. So, if you decide to make extra payments later, I have a hard time seeing how it will reduce your interest payments as much as it should. Do they re-calculate a new amortization schedule starting from the time you made the extra payment, and then divide up your new balance in such a way that you'll continue to make the same monthly payments that you had previously been making? Deepfryer99 (talk) 04:31, 5 March 2008 (UTC)
thread_title:  Prepayment? 

message: It appears that between April 10, 2009, and April 21, the initial conditions for the loan and the amortization table were deleted.  The missing text begins after this line:
This amortization schedule is based on the following assumptions:
I hesitate to jump in and correct it.  I prefer to defer to the original author or editor.  However, the missing information is essential for understanding the following three paragraphs.  —Preceding unsigned comment added by Eesnyder (talk • contribs) 22:40, 7 December 2009 (UTC)
replies: text: I agree, this paragraph doesn't make sense as is because it keeps referencing "the above example", but there is nothing above! daviddoria (talk) 01:10, 2 June 2012 (UTC)
thread_title:  Missing assumptions for example