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Brad and Angela are purchasing a house with a 15-year, 3/1 ARM for $185,000 at 4.15% with a 2/10 cap structure. What will the difference in payments be from year 3 to year 4?
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Nov 25, 2018
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Brad and Angela are purchasing a house with a 15-year, 3/1 ARM for $185,000 at 4.15% with a 2/10 cap structure. What will the difference in payments be from year 3 to year 4?
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I'm pretty sure it's $157.84
Uzr
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Dec 2, 2018
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