CHILDERS REALTY & ASSOCIATES
CHILDERS REALTY & ASSOCIATES
(662) 728-7694 FAX # 728-5000


JANE GILLESPIE - BROKER
jogillespie@bellsouth.net

CHILDERS REALTY & ASSOCIATES
"The House-Sold" Name in Real Estate
Tammie Watson - Realtor - watsontammie@bellsouth.net
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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