Re: 谁给科普一下# Living
b*y
1 楼
this is only possible on ARM products. the APR is projected APR over 30
years, while Rate is the actual rate you'll pay during the fixed period. APR
is projected based on current index + margin, since currently all index are
very low, that gives the assumption that the rate after fixed period will be
lower than the fixed rate (say, for the first 5 year, on a 5/1 ARM). when
that lower rates is used to calculate year 6-30, it brings the overall APR to
be lower than the current rate. so on a AR
years, while Rate is the actual rate you'll pay during the fixed period. APR
is projected based on current index + margin, since currently all index are
very low, that gives the assumption that the rate after fixed period will be
lower than the fixed rate (say, for the first 5 year, on a 5/1 ARM). when
that lower rates is used to calculate year 6-30, it brings the overall APR to
be lower than the current rate. so on a AR