Suppose you take a 3 / 1 interest - only, 3 0 - year ARM for $
Fantastic news! We've Found the answer you've been seeking!
Question:
Suppose you take a interestonly, year ARM for $ with an interestonly contract rate of and a following rate of in year four. Assume you pay discount points.
What would be the effective cost if the loan is repaid at the end of year
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: