Amortization is an accounting technique used to periodically lower the book value of a loan or an intangible asset over a set period of time. Concerning a loan, amortization focuses on spreading ...

Tax Shield = Value of Tax-Deductible Expense x Tax Rate So, for instance, if you have $1,000 in mortgage interest and your tax rate is 24%, your tax shield will be $240. You can deduct up to ...