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Default Rembrandt Mortgage Function

Anybody know the equations used in the Rembrandt mortgage calc function. It
is relatively new (I think) One of its features is that it favors the
lender in that it increases the monthly payment, but decreases the rate of
principle reduction. A neat trick. Don't ask - I'm tying to find out
myself.

Hope I have this wrong - but it is an interesting calc.

Dave


 
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