请教关于买房贷款利率

[support]

啥叫annual compound, semi-annual compound. 请指教。

 

[oread]

compound interest = interest on interest, so more frequent the compounding, more interest you pay.
US mortgage is usually compounded annually whereas Canadian mortgage is compounded semi-annually.

Daily rate refers to the effective rate resulted from your quoted mortgage rate (Annual Percentage Rate, short for APR), but my bank (BMO) calculates effective mortgage rates monthly not daily, based on semi-annual compounding, confused yet?

 

[否极泰来]

最初由 渐渐 发布
confused yet?

再说一遍就confused了。