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Assessing The Cost Of Option ARMS

REM #F664

By Ilyce R. Glink

Summary: A reader contributes the link to a website for assessing the costs associated with Option ARMS.

Q: Just read your article on "Option ARMS" in the Seattle Times this morning.
 

Are you aware of the following free calculator on the web? http://www.compareloans.com/CompareLoansCalcs/FlexiblePaymentARM/FlexiblePaymentARM.asp

A: Thanks for sharing this calculator with readers. It helps you assess the true costs associated with Option ARMS.

NOTE: This column is distributed by Real Estate Matters Syndicate, PO Box 366, Glencoe, Illinois, 60022. This column may not be resold, reprinted, resyndicated or redistributed without written permission from the publisher.

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Ilyce

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