Amortization Term
Last updated 2026-08-01
California Association of Realtors
Updated 2026-08-01
The length of time required to amortize the mortgage loan expressed as a number of months. For example, 360 months is the amortization term for a 30-year fixed-rate mortgage.
California Association of Realtors Glossary
California Association of Realtors · pp. 1–3
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