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Calculate Your New Mortgage
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This
calculator computes U.S. and Canadian monthly mortgage payments
based on principal, interest and term. U.S. mortgages are compounded
monthly while Canadian mortgages are compounded semi-annually.
Simply enter all the numbers above the Calculate Buttons, then
choose either the Canadian or American Calculation and push
the appropriate button.
This calculator is provided for
your convenience. It is to be used as a guideline only. Always
rely on your mortgage loan officer for exact mortgage calculations
and qualification information. |
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