Amortizing Balances

How to amortize balances in NextChapter

Katie Stasiulewicz avatar
Written by Katie Stasiulewicz
Updated over a week ago

In instances where a balance may need to be amortized, NextChapter offers links to quick online tools that help amortize balances.

Where to find this in NextChapter: Means Test > Means Test Questions > Future payments on debts (due in 60 months)
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By clicking Amortize you will be taken to an Amortization Calculator where you can plug in the terms and calculate the amortized balance.

This link is also available when editing Chapter 13 plan treatments.
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(Keywords: amortizing, amortization, amortize)

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