Partially amortized loan

Partially amortized loan

Partially amortized loan is a debt instrument that's structured with periodic principal payments plus a balance due at maturity. For comparison purposes, if the periodic principal payments were to result in a zero balance at maturity, the loan would be called a fully amortizing loan.

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30 Year Fixed   6.28
15 Year Fixed   5.89
5/1 Adjustable   6.11

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