David Reecher: What does an Amortization Schedule Show?

David Reecher of eXp Realty specializes in marketing and selling million-dollar homes throughout Maryland. According to David Reecher, an amortization schedule shows each payment amount for the mortgage, how much of each payment is applied to the principal, how much is applied to the interest, and how much remains to be paid. The table shows each payment until there is a zero balance and that the loan is paid in full.