Computing...

Input interpretation:

adjustable rate mortgage


Monthly payments:

initial monthly payment | $904\nscenario | low payment | median payment | high payment | effective interest rate\nlow-rate | $904 | $1069 | $1147 | 4.679%\nmedium-rate | $904 | $1264 | $1435 | 5.911%\nhigh-rate | $904 | $1398 | $1452 | 6.582%\n(each scenario represents a different predictive outcome for future interest rates over the life of the loan)

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