Mortgage amortization is the practice of spreading the repayment of mortgage loan over the asset’s useful life. The most common amortization period for insured mortgages is 25 years and for uninsured mortgages it is 30 years.
Mortgage amortization is the practice of spreading the repayment of mortgage loan over the asset’s useful life. The most common amortization period for insured mortgages is 25 years and for uninsured mortgages it is 30 years.