A feature of some loan products that results in an increase in principal balance over time. Negative amortization happens when scheduled monthly payments are not sufficient to cover interest, so the interest owed is tacked onto the principal balance. Learn more about negative amortization.
SHANNON ROSE/ROSE GROUP
DRE #01422955
KW BAY AREA ESTATE
DRE #01526679
16780 LARK AVE.
LOS GATOS, CA 95032