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You are arranging a $360,0000 canadian mortgage with a 29 years amortization period and 6.5 posted intrest rate. what is the monthly mortgage payment? Supposed

You are arranging a $360,0000 canadian mortgage with a 29 years amortization period and 6.5 posted intrest rate. what is the monthly mortgage payment?

Supposed the bank offer you the opportunity to pay your monthly payment in two equal installment (pay one-half of the monthly payment every 2 weeks). How much faster will your pay off your mortgage this way?

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