BankHeadOffice.com         Bank Head Office Worldwide   ♦ Loan Calculators ♦ Mortgage Guides ♦ Banking FAQs ♦ Banking Institutions ♦ Central Banks Worldwide       Home  »  Mortgage Guides  »  Mortgage Amortization Schedule Mortgage Amortization Schedule Description Use this free mortgage amortization schedule to create a loan summary and payment schedule based on the terms of the initial loan. When used in the context of a home purchase, mortgage amortization schedule is the process by which your loan principal decreases over the life of your loan. With each mortgage payment that you make, a portion of your payment is applied towards reducing your principal and another portion of your payment is applied towards paying the interest on the loan. An Amortization table shows this ratio of principal and interest and demonstrates how your loan's principal amount decreases over time. You can download the free Mortgage Amortization Schedule calculator here. Details Version : Excel 2003 or later File Size : 103 KB DISCLAIMER The content comes from Internet, reasonable efforts are made to maintain accuracy of information published. However, information could contain errors or inaccuracies and is presented without warranty and statutory means. No liability is assumed for errors or omissions. Viewers are advised to consult their banker or financial consultant for complete information and their professional advise. All trademarks, logos, brand names and copyrights are the property of their respective owners. © 2011 - 2022 BankHeadOffice.com ® All Rights Reserved