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How to Calculate Amortization Payments

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How to Calculate Amortization Payments

207,763 views October 25, 2018 10:08

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ChannelSteve Crow

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This video shows how to calculate amortization payments.

About this tutorial

Steve Crow published this 10:08 video tutorial on October 25, 2018. It has been watched 207,763 times on YouTube.

Channel
Steve Crow
Category
Education
Duration
10:08
Published
October 25, 2018
Views
207,763
Likes
1,308

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Further reading

  • Amortization Schedule Calculator | Bankrate bankrate.com

    The mortgage amortization schedule shows how much in principal and interest is paid over time. See how those payments break down over your loan term with our amortization calculator.

  • Amortization Calculation Formula and Payment Calculator vertex42.com

    The formulas used for amortization calculation can be kind of confusing. So, let's first start by describing amortization, in simple terms, as the process of reducing the value of an asset or the balance of a loan by a…

  • How to Calculate Amortization: 9 Steps (with Pictures) - wikiHow wikihow.com

    Use the new principal amount at the end of month one to calculate amortization for month two. Each time you calculate amortization, you subtract the principal amount repaid in the prior month. Calculate the principal am…

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