Rob Clough
Rob Clough
Office: 734-454-3706
E-Fax: 734-527-6041
9450 S. Main st. suite 101
Plymouth MI, 48170
A Real Estate Broker
licensed in the State of Michigan
GRI, ABR education

Viking Real Estate.net
Providing a superior level of professional
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Real Estate Glossary

  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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