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There are many different types of loans and methods of calculating and repaying interest. Your home loan is quite possibly the longest loan commitment you will make, so it’s critical to understand how the interest is calculated over the life of the loan, and what each repayment is actually made up of.
Popular tags: comparing home loans, interest rates, interest rate increase South Africa, amortisation, interest rate calculation, how interest is calculated, home loans in South Africa,
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