Amortisationskrav

Amortisationskrav refers to a loan repayment requirement where a portion of the principal loan amount must be repaid periodically, in addition to the interest. This is distinct from an interest-only loan where only the interest is paid during the loan term, with the full principal due at maturity. Amortisation ensures that the outstanding loan balance decreases over time, ultimately leading to the full repayment of the loan by its end date.

The periodic payment in an amortising loan typically includes both the interest accrued for that period and a fixed amount of principal repayment. As the principal balance reduces with each payment, the interest portion of the payment also decreases, while the principal repayment portion remains constant or increases, depending on the specific amortisation schedule. Common amortisation schedules include straight-line amortisation, where the principal repayment is constant, and annuity amortisation, where the total periodic payment is constant.

Amortisation is a standard feature in many types of loans, including mortgages, car loans, and personal loans. It provides borrowers with a structured way to manage debt and allows lenders to recover the principal amount over the life of the loan. The terms of the amortisation, including the repayment frequency and the amount of principal to be amortised, are typically detailed in the loan agreement. Understanding amortisation is crucial for borrowers to accurately forecast their loan obligations and financial commitments.