Home arrow Book center Adjustable Rate Mortgages


2 Reviews | Community Responses: [1 Votes 100%[1]  0%[0]

Description : Revised and updated with rates that reflect today’s real estate mortgage market, this pocket-size handbook presents quick-reference number charts that eliminate the need for calculation. As such, its tables are time-savers for business students, loan officers, and buyers seeking an adjustable rate mortgage. The tables are as follows: Monthly Payments, Payment Adjustments Resulting from Interest Rate Adjustments, Borrower’s Worst Case Annual Percentage Rates, Borrowers Worst Case Monthly Payments, Annual Percentage Rates for First Year, Value of Below-Market Initial Rate, Annual Loan Balance Reduction, and Worst Case Annual Percentage Rate for Convertible Adjustable Rate Mortgages.

Price : $8.95

Download link : Download from here

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Guest says :
Sredzienski

Adjustable rate mortgage have always been confusing for me with its various combinations like 3/1, 5/1.. and faced difficulty in calculating the payment amounts. This book seems to have all the tables for calculating payments, apr etc.
I hope it will be easier to make calculations with the help of this book. At around $9, looks affordable.
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Guest says : For adjustable rate mortgages interest rates change quite frequently and having tables to check the monthly payments and new payments after the interest rate changes will be useful. I was not aware any such book exists or would have purchased it much earlier.
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