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Negative Amortization is an increase in the balance of a loan caused by adding unpaid interest to the loan balance; this occurs when the payment does not cover the interest due.
This is a blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies. Negative Amortization is brought to you by SimplifyEm Pay Rent Online and Property Management SoftwareYou might also want to read:
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