In an amortized loan the earlier payments have a larger portion of the payment going to pay interest and a smaller portion of the payment to pay down the principle.

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This is true for most amortized loans, as the interest is calculated based on the outstanding balance of the loan. Therefore, when the outstanding balance is high, a larger portion of the payment will go towards interest. As the outstanding balance decreases, a larger portion of the payment will go towards paying down the principal.

In an Amortized Loan the Earlier Payments Have a Larger