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This question has been in my mind for quite some time. Silly me, the fact behind is so simple... I would like to share the explanation with you in the link below:
http://www.yourmortgage.com.au/article/fortnightly-vs-monthly-repayments-78306.aspx
It is very clear and easy to understand.
Please let me know if it is incorrect.
Why is weekly/fortnightly mortgage repayment better than monthly???
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