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19 June, 15:33

Ben and Marge are purchasing a house with a 20-year, 5/1 ARM for $265,000 at 5.25% with a 3/12 cap structure. What will the difference in payments be from year 5 to year 6?

A. $925.81

B. $880.29

C. $369.32

D. $234.39

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Answers (2)
  1. 19 June, 15:37
    -1
    D it is d egryrfgvrftegrfehrfg
  2. 19 June, 15:54
    -1
    D I believe is the answer
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