a loan is amortized, a relatively low percentage of the payment goes to reduce the outstanding principal in the early years, and the principal repayment's percentage increases in the loan's later years.

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This is true for most loans that follow an amortization schedule. At the beginning of the loan, the majority of the payment goes towards interest and only a small portion towards the principal. As the loan progresses, more of the payment goes towards reducing the principal balance.

A Loan Is Amortized, a Relatively Low Percentage of the Payment