Amortization — Where Payments Go

Yes. Financing & Lending is a scored domain on the real estate licensing exam, and this topic appears in the national portion.

Yes — every page on CinnaPrep's resource library is free to read, print and share. The app adds practice questions, mock exams and a readiness score.

National · Financing & Lending — free cheat sheet for the real estate licensing exam.

🏦 Financing & Lending

📋 The 1-minute cheat sheet

Fully amortized: level payment, interest first, principal grows over time; $0 at the end
Interest portion = remaining balance × annual rate ÷ 12
Balloon: payments don't fully amortize — big lump due at the end (partially amortized)
ARM: rate = index + margin; caps limit per-adjustment & lifetime jumps
Negative amortization: payment < interest due → balance GROWS

Is Amortization — Where Payments Go on the real estate exam?

Yes. Financing & Lending is a scored domain on the real estate licensing exam, and this topic appears in the national portion.

Is this cheat sheet free?

Yes — every page on CinnaPrep's resource library is free to read, print and share. The app adds practice questions, mock exams and a readiness score.