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Monthly vs Semi-Annually Mortgage Calculator

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Diffrence Between Two Methods of Calculation
 
This form calculates both UK and Canadian monthly mortgage payments based on Principal, Interest and Term. Canadian mortgages are compounded semi-annually, while UK mortgages are compounded monthly.

Amortization (Years) =
Term (Years) =
Yearly Interest Rate (%) =
Principal Amount ($, £) =
Down Payment (%) =
1.
2.
3.
Down Payment Required ($, £) =
Mortgage Principal ($, £) =
Monthly Payment ($, £) =
Still Owing at End of Term ($, £) =
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