Kiến thức vay thế chấp chungCâu 164 / 400
A note rate is 6.50%. During the first year of a 2-1 buydown, what rate does the borrower pay, and what rate applies in year two?
a.6.50% then 5.50%
b.3.50% then 4.50%
c.5.50% then 6.50%
d.4.50% then 5.50%
Giải thích
A 2-1 buydown lowers the rate 2% in year one and 1% in year two: 6.50% - 2% = 4.50% (year one), then 6.50% - 1% = 5.50% (year two). The note rate 6.50% resumes in year three.
Luyện miễn phí toàn bộ 400 câu hỏi — không cần đăng ký.
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