Repayment of paid develops over time according to a plan, called amortization, which are reported in detail the amounts to be paid and the time to be observed in the payment of installments.

Reimbursement schedules also affect the ability of the borrower to repay the capital in advance, in whole or in part. This will reduce the burden of the loan in interest. The benefits depend on the chosen depreciation and when you choose this option.

The types of planned obsolescence are:

• Planned obsolescence French: Each installment includes a share capital and share interests in particular shares are rising for the capital and decreasing for the interest. The installment is composed primarily of interests in, and, approaching expiry, the greater the proportion of capital repaid;
• Plan a depreciation rate increasing: the rate of reimbursement are not fixed but the amount increases with each installment. If you expect increases in income in the future, the increasing rate plan can be an opportunity;
• Free amortization plan: payments are made only by the share of interest. The capital may be redeemed freely within predetermined deadlines;
• Plan a depreciation rate fixed and variable length: the rate remains constant while the rate varies by determining the shortening repayment schedule. If you prefer a variable rate but want to maintain the fixed rate, the amortization term variable is an attractive alternative.