02/09/2026
Home Loan Glossary: Amortisation 🏡
Amortisation refers to the process of reducing something over time.
In home loan terms, it’s often used to describe how your loan balance gradually reduces as you make scheduled repayments.
Each repayment helps pay down part of the amount you borrowed, along with interest, bringing you closer to owning your home outright.
Home loan language can feel confusing, but we’re here to make it easier to understand.
If you have questions or would like to start the home loan process, speak to one of our brokers today.