{"ok":true,"canonical_url":"https://www.capbench.com/glossary/amortization-schedule","api_url":"https://www.capbench.com/api/public/glossary/amortization-schedule","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-18","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","CapBench lender and franchise enrichment"],"term":{"slug":"amortization-schedule","term":"Amortization Schedule","group":"The loan itself","definition":"This is a table showing every payment you'll make on your loan, detailing how much goes to principal and how much to interest over the loan's life. It helps you see exactly how your debt decreases over time.","what_it_means":"When you get an SBA 7(a) loan, your lender provides an amortization schedule. Review it to understand your total repayment obligations and the precise breakdown of your Principal and Interest Payment. This schedule confirms the loan's term and helps you plan your cash flow.","url":"https://www.capbench.com/glossary/amortization-schedule","official_sources":[{"slug":"13-cfr-part-120","title":"13 CFR Part 120 — Business Loans","official_url":"https://www.ecfr.gov/current/title-13/chapter-I/part-120","official_label":"View on eCFR","authority_tier":1,"publisher":"Office of the Federal Register","source_guide_url":"https://www.capbench.com/sba-7a/sources/13-cfr-part-120"}],"related":[{"slug":"principal-and-interest-payment","term":"Principal and Interest Payment","url":"https://www.capbench.com/glossary/principal-and-interest-payment"},{"slug":"outstanding-balance","term":"Outstanding Balance","url":"https://www.capbench.com/glossary/outstanding-balance"},{"slug":"term-maturity","term":"Term / maturity","url":"https://www.capbench.com/glossary/term-maturity"},{"slug":"amortization","term":"Amortization","url":"https://www.capbench.com/glossary/amortization"}],"related_questions":[{"question":"Does the SBA set specific repayment schedules for 7(a) loans?","url":"https://www.capbench.com/sba-7a/questions/does-the-sba-set-specific-repayment-schedules-for-7-a-loans"},{"question":"How does the underwriting timeline for business life insurance impact loan closing schedules?","url":"https://www.capbench.com/sba-7a/questions/how-does-the-underwriting-timeline-for-business-life-insurance-impact-loan-closing-schedul"}]},"caveats":["Definitions represent CapBench's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"CapBench Glossary — Amortization Schedule","url":"https://www.capbench.com/glossary/amortization-schedule","source_type":"CapBench Data"}}