Recent content by alumiu

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    7/1 ARM vs. 10/1 ARM

    The rates on fixed products were as follows: 30 yr. fixed - 3.75% 20 yr. fixed - 3.625% 15 yr. fixed - 3.00% I went with the 7/1 ARM at 2.25%.
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    7/1 ARM vs. 10/1 ARM

    All, Through a corporate relocation I have the opportunity to secure some extremely low interest rates on ARM products as follows: 7/1 ARM - 2.25% 10/1 ARM - 2.75% I have no idea when my next relocation will be if ever as I am in my mid-40's and have relocated to corporate headquarters.  I...
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    Analysis on a 7-year ARM mortgage versus 30-year fixed mortgage

    USCTrojanCPA, Using your speadsheet I showed the 7/1 as upside down in year 8 if the loan interest rate jumped the maximum of 5%.  I am comparing the 10/1 ARM to the 7/1 ARM and have modified your spreadsheet as such.  I am not even looking at the 30 year fixed as an option as the best rate I...
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    Analysis on a 7-year ARM mortgage versus 30-year fixed mortgage

    All, Through a corporate relocation I have the opportunity to secure some extremely low interest rates on ARM products as follows: 7/1 ARM - 2.25% 10/1 ARM - 2.75% I have no idea when my next relocation will be if ever as I am in my mid-40's and have relocated to corporate headquarters.  I...
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