| Rating: 1 | | | Total Hits - 164 | | | | When calculating mortgage repayments it's very important to remember that different countries can use different systems to calculate the compound interest. A perfect example of this is the fact that the US and Canada to use different systems in this regard. The compound interest rates on mortgages in the US are calculated on a monthly basis while the compound interest rates on mortgages in Canada are calculated semi annually. | | | http://www.realmortgagenews.com | Last Updated on 7/2/2008 6:15:00 PM |
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