minus-squareobservantTrapezium@lemmy.caOPtoPersonal Finance Canada@lemmy.ca•Question about interest calculation (mortgage)linkfedilinkarrow-up4·20 days agoAh, that is the answer! 🙏 Indeed, it was the semi-annual compounding and effective interest rate that threw me off. linkfedilink
observantTrapezium@lemmy.ca to Personal Finance Canada@lemmy.ca · 20 days agoQuestion about interest calculation (mortgage)plus-squaremessage-squaremessage-square5fedilinkarrow-up122arrow-down10
arrow-up122arrow-down1message-squareQuestion about interest calculation (mortgage)plus-squareobservantTrapezium@lemmy.ca to Personal Finance Canada@lemmy.ca · 20 days agomessage-square5fedilink
Ah, that is the answer! 🙏
Indeed, it was the semi-annual compounding and effective interest rate that threw me off.