The schedule that discloses the monthly payment that you will make, based on a specific mortgage amount, a fixed interest rate level, and maturity is called a(n)

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An amortization schedule details the monthly payments, interest and principal breakdown, and remaining balance over the course of a mortgage. It is a vital tool for borrowers to understand the full cost of their loan and plan their finances accordingly. A depreciation schedule is used for accounting purposes to track the decline in value of assets over time, while a payment table and obligation schedule are not specific terms used in reference to mortgages.

The Schedule That Discloses the Monthly Payment That You Will