Program Disclosure Five-Year Adjustable Rate Mortgage
On a $10,000.00 5-year loan with an initial interest rate of 5.375% in effect in January 2020, and a margin of 3.5 percentage points, the maximum amount that the interest rate can rise under this program is 0.0 percentage points to 5.375%, and the monthly principal and interest payment can rise from a first-year amount of $190.44 to a ................
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