PHILLIP JOHNSON
PHILLIP JOHNSON
(919)868-3171 Mobile
(800)704-7445
phillipjohnson@remax.net

Always "In Touch"
Raleigh NC Real Estate Services


THE PHILLIP JOHNSON TEAM
1-800-704-7445 - Listing Details Dial Ext. 7

Raleigh Real estate buyer and seller

  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.

 

[ Back To Real Estate Glossary ]