(FRM), ar's (the most straightforward of the three, and thus probably the one to start with)...

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(FRM), ar's (the most straightforward of the three, and thus probably the one to start with) 2) Fixed interest rate mortgage loan (FRM) that allows for an amortization period of up to 30 years (the most complex of the three, because you need IF statements to tell e program whether to keep computing relevant dollar amounts or to stop) 3) 5/25 Hybrid ortgage loan, with an interest rate that stays the same for the first 5 years and then anges annually in the remaining 25 years of a 30-year amortization period. We identify interest rate for years 1-5 together, one for year 6, and one for year 7 (to reinforce the oint that rates are reset annually after year 5). Then to keep things from getting too messy e just treat the year 8-30 interest rates as being identical to year 7's. (FRM), ar's (the most straightforward of the three, and thus probably the one to start with) 2) Fixed interest rate mortgage loan (FRM) that allows for an amortization period of up to 30 years (the most complex of the three, because you need IF statements to tell e program whether to keep computing relevant dollar amounts or to stop) 3) 5/25 Hybrid ortgage loan, with an interest rate that stays the same for the first 5 years and then anges annually in the remaining 25 years of a 30-year amortization period. We identify interest rate for years 1-5 together, one for year 6, and one for year 7 (to reinforce the oint that rates are reset annually after year 5). Then to keep things from getting too messy e just treat the year 8-30 interest rates as being identical to year 7's.