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Amy Notargiacomo
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Amy@HavelockHomesOnline.com
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CENTURY 21 Town & Country Realty


 
 
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  Amortization Term

The amount of time required to amortize the mortgage loan. The amortization term is expressed as a number of months. For example, for a 30-year fixed-rate mortgage, the amortization term is 360 months.

 

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