Amortization

They made extra payments towards the principal to speed up the amortization process of their student loans.

The amortization of a loan depends on the loan term, interest rate, and payment frequency.

The amortization of a car loan helped her to pay off the debt in monthly installments.

They chose a longer amortization period for their mortgage to have lower monthly payments.

The company's financial statements showed a significant amount of amortization expense.

The amortization of the loan was spread out over 30 years, resulting in a lower monthly payment.

They were able to reduce the total interest paid by choosing a shorter amortization period.

The bank requires a minimum down payment and a specific amortization period for all mortgage loans.

The mortgage amortization is calculated based on the amount borrowed, interest rate, and length of the loan term.

The amortization of the loan was spread out over 10 years.

The company recorded a significant amount of depreciation and amortization expenses on its income statement.

His monthly budget includes the amortization of his home loan.

The accountant was responsible for calculating the amortization of the company's assets.

The company's amortization schedule showed the gradual reduction of its debt over time.

The company's annual report outlined the details of its amortization policy.

The tax software automatically calculates the amortization for you.

The accountant advised the business owner to use amortization to lower their tax bill.

The accountant explained the concept of amortization to the new employee.