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@vryworrisome I understand, thanks a lot!

@vryworrisome I also don't have a fixed interest rate, I just made that example so the rate wouldn't change and the example would be simpler. So it should follow the second case. And since you have a variable rate mortgage, I'd really appreciate it if you could also help with something else. I...

Let's take in a 10.000 euro mortgage with a fixed interest rate of 2,5%, where the interest is non-compound, and there is a 5-year repayment period. In year 1 there will be a payment of 2.000 euros going towards paying the principal (10.000 euros / 5 years). There will also be an interest of...