Even if you won a fortune in the morning, you'd be as dissatisfied with your life in 6 months time as you are now unless you look inside to what ails you. Instead, plan to make realization of your hopes and dreams long term. Visualize where you will be in 5, 10 and 15 years time and the sorts of outcomes you want.
Definition. The schedule of payments for paying off a loan. An amortization schedule breaks down the payments into interest and principal, which is helpful because with an amortized loan these the amounts vary with each payment.
The amortization schedule calculator shows: 1  How much principal and interest are paid in any particular payment. 2  How much total principal and interest have been paid at a specified date. 3  How much principal you owe on the mortgage at a specified date.  How much time you will chop off the end of the mortgage by making one or more extra payments.