July 02, 2009
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Calculator
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This calculator calculates 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
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The following amortization calculator requires a Java-enabled browser
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Amortization (Years) =
Term (Years) =
Yearly Interest Rate (%) =
Purchase Price ($) =
Down payment (%) =
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Down payment Required ($) =
Mortgage Principal ($) =
Monthly Payment ($) =
Still Owing at End of Term ($) =
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