|
|
30
Year Fixed |
15
Year Fixed |
5/1
Treasury ARM |
3/1
Treasury ARM |
1
Year Treasury ARM |
6
Month LIBOR ARM |
FlexPay
ARM |
5
Year Balloon |
7
Year Balloon |
|
I want a stable monthly payment |
XXX |
XXX |
XX |
X |
|
|
|
X |
X |
I want to buy as much house
as I can |
|
|
X |
X |
XX |
XX |
XXX |
|
|
I plan to own my house in 5
years |
|
|
XXX |
X |
|
|
|
XXX |
XX |
I believe interest rates are
likely to fall |
|
|
X |
XX |
XX |
XXX |
XXX |
|
|
I believe interest rates are
likely to rise |
XXX |
XXX |
|
|
|
|
|
|
|
I need flexible monthly payments |
|
|
|
|
|
|
XXX |
|
|
I want to avoid negative amortization |
XXX |
XXX |
XXX |
XXX |
XXX |
XXX |
|
XXX |
XXX |
I want the lowest possible
payments |
|
|
|
|
X |
X |
XXX |
|
|
I plan to refinance within
5 years |
|
|
XXX |
X |
|
|
|
XXX |
XX |