Related While our Amortization Calculator can serve as a basic tool for all amortized items, we have specific calculators for common situations. For these specific purposes, it is probably better to use them instead. What is Amortization? Webster's dictionary defines amortization as 'the systematic repayment of a debt.' There are two general uses to amortization: paying off a loan over time, or spreading the cost of an expensive and long-life item over many periods. Paying Off a Loan Over Time When a borrower takes out a mortgage, car loan, or personal loan, they usually make monthly payments to the lender; these are some of the most common uses of amortization.

As a small business owner, you probably don't know every single accounting term and practice. Find out what amortization means and how to calculate it. Cdisc Builder. TValue loan amortization software is the industry standard for correctly amortizing loans and leases and solving time value of money calculations in just a. Print amortization schedules and APR disclosures in seconds. Choose the right compounding or rate period from the list of 13 options. Select Special. TimeValue Software develops time-saving software solutions to serve the needs of tax, legal, leasing, banking, and other financial professionals.