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No more 30 Year Amortizations in Canada
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06-21-2012, 07:51 AM
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Red
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Join Date: Oct 2001
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Stole it from another site. Hope the math is correct. Based on 3.09% rate.
$500,000 -> $444,400
$400,000 –> $355,500
$300,000 –> $266,600
Wonder how much of a change with the supposed higher interest rates. Say 5%?
Red
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