Answer for "What is a negative amortization?"

Thomas Bruno- <br>Gulf Shores Realty  real estate agent
  Gulf Shores Realty


A negative amortization is a type of loan situation that occurs when the monthly payments do not cover the principal or interest. Instead of declining, the balance of the loan actually increases.



Have a question or comment?
We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 
 

Related Real Estate Questions

 

Related Real Estate Glossary Terms