Amortized Definition

Amortized Sentence Examples

• Interest on amortized bonds goes to swell the sinking fund.

• The fixed rate mortgage loans offered by Chase can be amortized over a thirty year or fifteen year period.

• Cautious financial experts would probably advise you to refinance right now into the lowest amortized term you can manage, such as a 15 or 10 year term.

• They offer loans amortized over a fifty year period which carry a lower monthly payment and a bi-weekly adjustable rate mortgage with an intro rate as low as 1.5 percent.

• The most popular Bank of America mortgage products for refinancing include fixed terms amortized over fifteen or thirty years and adjustable rate mortgages.