Question: Suppose a variable 5-5-5 cap 2 loan. Total maturity is 20 Y. The Initial interest rate is 2,5%. Hence the maximum rate one can ever

 Suppose a variable 5-5-5 cap 2 loan. Total maturity is 20

Suppose a variable 5-5-5 cap 2 loan. Total maturity is 20 Y. The Initial interest rate is 2,5%. Hence the maximum rate one can ever pay equals 4,5%. What is the maximum monthly payment you will ever have to make

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