Question: ppose you have a variable 5 - 5 - 5 cap 2 loan. The total maturity is 2 0 years. The initial interest rate is
ppose you have a variable cap loan. The total maturity is years. The initial interest rate is
What is the maximum payment you will ever have to make?
Cap loan: the interest rate can go up with max The maximum interest rate one can ever
pay is
There are revisions. Calculate the monthly payments and take the biggest one.
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