If you want to buy a house, it is better to understand interest calculation system. So you are not easily seduced by the advertising campaign. As we know that there are 4 interest calculation systems. These systems are used in purchasing of property by way of mortgage (Home Ownership loans), such as:
A. Flat Interest Rate (Interest Rate Average)
Interest charged flat (fixed) installments of all time, so it was relatively simple calculations. Suppose you had a debt of US$ 10.000 at 12% per...Read more:Home Ownership Loans Interest Calculation System
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