# Consolidating debt in mortgage She always projected a helpful and reassuring spirit. He walked us through the process with no hiccups and was always available with any questions.

Even if you sell your home, you’ve reduced the profit you can make from the sale by the amount of debt you’ve now included in your mortgage.Under these assumptions, your initial loan payment for principal and interest will be

Even if you sell your home, you’ve reduced the profit you can make from the sale by the amount of debt you’ve now included in your mortgage.

Under these assumptions, your initial loan payment for principal and interest will be \$1,122.62.

At your first adjustment, the interest rate cannot increase above 5.50% or decrease below 2.25% (the margin).

The amount of the premium or discount may change as a result.

Example: Let's assume you have an ARM loan that is fixed for the first five years; a loan amount of \$250,000; a loan term of 30 years (360 months); an initial interest rate of 3.50%; a margin of 2.25%; an initial interest rate cap of 2.00%; an annual rate cap of 2.00%; and a lifetime cap of 5.00%.

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Even if you sell your home, you’ve reduced the profit you can make from the sale by the amount of debt you’ve now included in your mortgage.Under these assumptions, your initial loan payment for principal and interest will be \$1,122.62.At your first adjustment, the interest rate cannot increase above 5.50% or decrease below 2.25% (the margin).The amount of the premium or discount may change as a result.Example: Let's assume you have an ARM loan that is fixed for the first five years; a loan amount of \$250,000; a loan term of 30 years (360 months); an initial interest rate of 3.50%; a margin of 2.25%; an initial interest rate cap of 2.00%; an annual rate cap of 2.00%; and a lifetime cap of 5.00%.

,122.62.At your first adjustment, the interest rate cannot increase above 5.50% or decrease below 2.25% (the margin).The amount of the premium or discount may change as a result.Example: Let's assume you have an ARM loan that is fixed for the first five years; a loan amount of 0,000; a loan term of 30 years (360 months); an initial interest rate of 3.50%; a margin of 2.25%; an initial interest rate cap of 2.00%; an annual rate cap of 2.00%; and a lifetime cap of 5.00%.