you can double up on the extra payment. You’ll have more control—but less accountability—if you choose this strategy for speeding up mortgage amortization. A mortgage amortization schedule ...

By understanding how to calculate a loan amortization schedule, you'll be in a better position to consider valuable moves like making extra payments to pay down your loan faster. Improving your ...

Amy Fontinelle has more than 15 years of experience covering personal finance, corporate finance and investing. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert.

Here’s the amortization schedule for a $5,000 ... such as when a lender charges compounding interest, making extra payments could save you a lot. However, make sure the payments go to paying ...