Mortgages Analyzed
Mortgages Analyzed
Mortgages Analyzed
 
Glossary
Word of the Day
A mortgage loan in which the interest rate adjusts periodically based upon the movements of a pre-determined index or reference rate.
ARMs allows the lender to ensure a stable return even when the interest rate in the market changes. However, the borrower is faced with periodically changing monthly payments. An example of a ARM would be HELOC that adjusts periodically whenever the prime rate changes.
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Loan Amount: $


Interest Rate: % per annum


Loan Term: years


Monthly Payment: $ per month

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Current & Historical Graphs
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Current Indexes
2.97%
0.16%
 
0.82%
0.00%
 
0.65%
0.03%
 
0.13%
0.00%
 
2.76%
0.01%
 
3.25%
0.00%
 
3.25%
0.00%
 
4.31%
0.20%
 
 
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Glossary
DOCUMENTS
It offers information by keeping lender, borrower, broker, investors, and other stakeholders in mind. It also brings together both the academic and practical viewpoints.
Licensing
LICENSING
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Loan Products
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Finance
CALCULATORS
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