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Compound interest is a basic concept of finance that plays a major role in long-term financial decisions. It refers to earning interest on the principal amount as well as the interest earned in ...

You can work out the monthly cost of a mortgage against various interest rates with our mortgage calculator. The most recent data from Halifax shows that average house prices increased by 2.5% in ...

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This calculator shows monthly payments for a repayment mortgage where interest is calculated monthly. The results also apply to daily interest where only one payment is made per month.