In addition to breaking down each payment into interest and principal portions, an amortization schedule also indicates interest paid to date, principal paid to date, and the remaining principal balance on each payment date.
32.
Key terms include the loan amount ( sometimes referred to as " loan proceeds " ), interest rate, term ( sometimes referred to as the " maturity " ), amortization schedule, and prepayment flexibility.
33.
The numbers are a lot more satisfactory at the end of the amortization schedule; your last payment, following the same example, will include $ 3.80 for interest and a principal payment of $ 661.63.
34.
Usually, but not always, the date on which the full amount of the purchase price is due will be years sooner than when the purchase price would be paid in full according to the amortization schedule.
35.
City Attorney John A . Misci said the amortization schedule is not a payment schedule, but calculation of what the city would pay U . S . Water if either side is found in breach of contract.
36.
In the case of a loan with no fees, the amortization schedule would be worked out by taking the principal left at the end of each month, multiplying by the monthly rate and then subtracting the monthly payment.
37.
The numbers are a lot more satisfactory at the end of the amortization schedule; your last payment, following the same example, will include $ 3 . 80 for interest and a principal payment of $ 661 . 63.
38.
Without that clause, one might think that one should calculate the amortization schedule as if the first payment is made out of order, and as if each successive payment is made on the anniversary of the date of withdrawal .)
39.
Following the August 14, 1981, withdrawal of respondent Schlitz from petitioner multiemployer pension plan ( the Plan ), a dispute arose as to when, for purposes of calculating Schlitz's amortization schedule, interest began to accrue on the company's withdrawal charge.
40.
The Philadelphia Inquirer reported Wednesday that the $ 1.8 million, detailed in a document called an " amortization schedule, " is the latest surprise yielded by a $ 215 million deal with U . S . Water to operate the city's water system.
