The phrase "amortization payment" is correct and usable in written English.
It is typically used in financial contexts to refer to a payment made to reduce the principal amount of a loan over time, including interest.
Example: "The monthly amortization payment for the mortgage is due on the first of each month."
Alternatives: "loan repayment" or "installment payment".
Usually the term loan is retired by systematic repayments (amortization payments) over its life.
The annual amortization payments would be particularly burdensome for primary care physicians, with their relatively lower incomes.
The first Ottoman foreign loan was in 1854; by 1875 the nominal public debt was £200 million, with annual interest and amortization payments of £12 million, more than half of the national revenue.
The auditors of Mr. Guccione's debt-ridden company, General Media, the parent of Penthouse and affiliated enterprises, stated in its annual report that the company would not be able to meet interest and amortization payments of almost $13 million this year on loans that carry a punishing 15percentt interest charge.
These high costs of occupying new buildings may be levied in the form of an owner's interest and amortization payments on the capital costs of the construction.
Create labels for your variables in the cells from A1 down to A6 as follows: Principle, Interest Rate, Amortization periods, Payment periods, Payment and Balloon Payment.
The data in the table represent these annual debt-amortization payments as a percentage of physician net income in years one, 10 and 20 of medical practice.
This option simply created a negative amortization ( balloon payment at the end).
If you have opted in to an "amortization" scheme, payments are often fixed over a set period; whereas a "bullet" repayment is payable on maturity.
The terms of a vendee loan (e.g., amount of down payment; amortization term; whether to escrow taxes, insurance premiums, or homeowners' association dues; fees, etc). are negotiated between the Secretary and the borrower on a case-by-case basis, subject to the requirements of 38 U.S.C. 2041 or 3733.
