Amortization tables work best with lump-sum loans with fixed interest rates. They also work best with loans that get paid down gradually over time, and your payment is the same dollar amount each ...

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...

If you have ever had to pay back a loan, you have already experienced amortization. When you get a loan, the lender spreads out your repayment amount over a series of fixed payments. Once you finish ...