What is a mortgage interest?
In simple words, it is the excess amount that we give while repaying the loan amount. The amount depend on the the validity of the loan term and the capital amount withdrawn. For more on mortgage interest rate https://www.safebridgefinancial.com/mortgages/mortgage-rates-toronto/
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it is simple. it is the intrest that you pay on the loan no matter if is for a car or house .
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