Loans And Mortgages Information

What is the plan of amortization of a mortgage?

The plan of amortization of the loan is the process by which it gradually returned to the capital covered by the loan contract with the relative share of interest.

We have several types of plans amortization loan.

The plan amortization mortgage can actually be French, Italian, German, early special interests, a constant capital and capital indexed.

It is calculated by taking into account parameters such as the expiry of the first installment, the frequency of installments, the interest rate and the number of installments.

Depending on the plan you choose varies the amount of the installment. The installment includes a part of the capital and interest. Through the rate the borrower for repayment of capital which had been granted the loan.