Negative amortization
id:
negative-amortization-283-7683148
title:
Negative amortization
text:
In finance, negative amortization occurs whenever the loan payment for any period is less than the interest charged over that period so that the outstanding balance of the loan increases. As an amortization method the shorted amount is then added to the total amount owed to the lender. Such a practice would have to be agreed upon before shorting the payment so as to avoid default on payment. This method is generally used in an introductory period before loan payments exceed interest and the loan
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Negative_amortization
date created:
date modified:
2023-07-28T17:06:01Z
main entity:
{"identifier":"Q17156816","url":"https://www.wikidata.org/entity/Q17156816"}
image:
fields total:
13
integrity:
13