http://nablr.com/Finance/mortgage-amortization/ When a person initially begins making payments on a home loan, the first years reduce the amount of interest owed much faster than the amount of the principal loan amount. By using mortgage amortization, it is easy to determine how the first few years of making monthly payments shows little advance in reducing the amount [...]Post from: Interest Only MortgageMortgage Amortization Thu, 11 Jun 2009 05:00:14 CDT en