Add new ARM type mortgage #10
Closed
yellowbean
started this conversation in
General
Replies: 1 comment
-
|
Complete with version 0.15.x |
Beta Was this translation helpful? Give feedback.
0 replies
Sign up for free
to join this conversation on GitHub.
Already have an account?
Sign in to comment
Uh oh!
There was an error while loading. Please reload this page.
Uh oh!
There was an error while loading. Please reload this page.
-
with
periodic adj cap ( increase each reset time)
life time cap ( total increase cap )
payment cap ( with negative amortization)
init rate with init period
201204_CFPB_ARMs-brochure.pdf
Probably new assumption at the end of initial period ends-> pct % of balance will repay if rate is higher .
ie.->
5/1, fix rate for 5 years and reset every 1 year afterwards
5/6, fix rate for 5 years and reset every 6 months afterwards
Beta Was this translation helpful? Give feedback.
All reactions