Variable Rate Mortgage+ 1.2 review
This program is a variable rate mortgage loan schedule.
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Confused about ""Teaser Rates"", maximum annual interest rate increases and maximum interest rate for the term of the loan? This program is a variable rate mortgage loan. This program demonstrates the worst-case scenario of a variable rate loan. This program also allows for an analysis of the effect of different loan rates applied over the length of the loan or it may be used to actually track a loan repayment.
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