Definition: The term "mortgage schedule calculator" is a tool or application that helps users analyze their mortgage payment history, including payments made by each month to calculate total monthly payments, total principal paid, interest paid, and any other relevant information. This can be particularly useful for analyzing mortgage payments over time to identify patterns or trends in the amount of debt being repaid. The definition of "mortgage schedule calculator" is a tool that helps users analyze their mortgage payment history, including payments made by each month and calculate total monthly payments, total principal paid, interest paid, and other relevant information.
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