initial amortization schedule
(5) Initial amortization schedule The term “initial amortization schedule” means a schedule established at the time at which a residential mortgage transaction is consummated with respect to a fixed rate mortgage, showing— (A) the amount of principal and interest that is due at regular intervals to retire the principal balance and accrued interest over the amortization period of the loan; and (B) the unpaid principal balance of the loan after each scheduled payment is made.