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Spotlight: Don’t Know the Difference Between a Mortgage Term and Amortization? It’s Not Just You

Amortization sets mortgage payments by spreading principal and interest over the full loan timeline, while term length resets conditions every 3–5 years, experts say.

Summary by SooToday.com
Here’s a simple way to tell them apart — and why the distinction matters for your mortgage budget.

10 Articles

Oakville NewsOakville News
+5 Reposted by 5 other sources
Lean Left

Don’t know the difference between a mortgage term and amortization? It’s not just you

Here’s a simple way to tell them apart — and why the distinction matters for your mortgage budget.

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Elora Fergus TodayElora Fergus Today
Lean Left

Spotlight:Don’t know the difference between a mortgage term and amortization? It’s not just you

Here’s a simple way to tell them apart — and why the distinction matters for your mortgage budget.

·Fergus, Canada
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SooToday.comSooToday.com
+2 Reposted by 2 other sources
Lean Left

Spotlight: Don’t know the difference between a mortgage term and amortization? It’s not just you

Here’s a simple way to tell them apart — and why the distinction matters for your mortgage budget.

·Sault Ste. Marie, Canada
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SooToday.com broke the news in Sault Ste. Marie, Canada on Monday, February 2, 2026.
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