Definitions for "Amortization calculator"
Keywords:  tool, handy, find, excellent, advantage
a common tool used
a handy tool to see how much principal will be paid off in a given amount of time
an excellent tool to use when it comes to finding out how much your loan is going to cost you
An amortization calculator is used to determine the periodic payment amount due on a loan (typically a mortgage), based on the amortization process.