Financing in 60304>Question Details

Mike, Other/Just Looking in 60304

what is the current interest rate based on ARM Index Name WSJ 6 MONTH LIBOR?

Asked by Mike, 60304 Mon Mar 29, 2010

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Rate for 6 mo LIBOR last week was 0.73%
Add your margin of 2.25%
Rate would be 2.98%
Web Reference: http://www.bankerdoug.com
0 votes Thank Flag Link Sun Jul 18, 2010
here is all info on loan: what would be interest rate if it adjusted today:

ARM Information
Scheduled/Pending ARM Information: Payment Calculation Information:
Next Scheduled Interest Rate Change Date 03/01/2011 Payment Change Frequency 006 - Payments
Next Interest Rate *Unavailable Interest Rate Change Frequency 006 - Payments
Next Scheduled P&I Change Date 03/01/2011 ARM Index Name WSJ 6 MONTH LIBOR
Next P&I Payment Amount *Unavailable Index Rate 0.000%
Margin 2.250%
Rounding Factor 0.125%
0 votes Thank Flag Link Mon Mar 29, 2010
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