Computing...

Input interpretation:

adjustable rate mortgage


Input values:

mortgage type | 5\/1 (5 years fixed, 1-year adjustments)\nrate cap structure | 5\/2\/5 (5% initial, 2% yearly, 5% global)\nloan amount | $200000  (US dollars)\nloan period | 30 years\nannual percentage rate | 5\/1 adjustable-rate mortgage: 3.55%

Source information
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