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It is irrelevant because you have a fixed term agreement for three years. The amortization term essentially sets how many payments would be made and for what amount and that's what the monthly payment is. The calculation is done by saying that the entire property must be paid off by that length of time. So using a 25 year amortizatuon payment schedule means that if you paid this amount of money for every month for the next 25 years then your debt would be paid off. But you already have figured out what do you must pay so you don't need to understand what the amortization schedule means.