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Tag: auto finance

Posted on March 5, 2011August 10, 2015

Total Mortgage Cost in Relation to Length of Amortization Period

The amortization period means the number of years within which to fully pay your mortgage. The standard amortization period in the banking industry has been 25 years. However, longer or shorter periods are available. It is important as it affects the total amount of interest you'll pay over the duration of your mortgage. Read more [...]

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