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To: NOW who wrote (5950)5/10/2004 2:13:11 AM
From: Haim R. Branisteanu  Respond to of 116555
 
interesting <g> would correct my post.

monthly payment on a $250,000 loand at 30 year amortization

at 3% = $1,054
at 4% = $1.193
at 5% = $1,342
at 6.5% $1.680
at 7.5% $1,748

Assuming the ARM is 1 to 2 years and then convert to fix 30 years at present rates payments are already a killer


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