Last reviewed 10-31-2026Short-Sale.com Editorialglossary
Amortization Schedule
Fannie Mae
Updated 10-31-2026
Amortization Schedule
A timetable for payment of a mortgage that shows the amount of each payment that should be applied to interest and principal and the remaining unpaid principal balance after each payment is applied.
Fannie Mae Glossary of Terms
Fannie Mae · p. 2
FreddieMac
Updated 10-31-2026
Amortization Schedule
Provided by mortgage lenders, the schedule shows how over the term of your mortgage the principal portion of the mortgage payment increases and the interest portion of the mortgage payment decreases.
FreddieMac Glossary
FreddieMac · pp. 1–2
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