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What are the correct terms for a fixed payment with variable rate mortgage vs variable payment with variable rate mortgage?
What are the correct terms for a fixed payment with variable rate mortgage and variable payment with variable rate mortgage? I've read on some articles that a variable rate mortgage and adjustable ...
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Formula for variable rate Canadian mortgage
What is the formula for calculating payments on a variable rate mortgage in Canada?
(This source says variable rate mortgages are compounded differently than fixed rate mortgages)
Concrete example: ...
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