assumable mortgage การใช้

• This is in contrast to the wide availability of assumable mortgages in the past.
• A $ 100, 000 assumable mortgage loan with a 4.00 % rate has a corresponding monthly loan payment of $ 477.42.
• "The down payment could be larger under an assumable mortgage, " said Donna McAda, manager of mortgage outreach at Texas Commerce Bank.
• Similarly, the mortgage assumption value shrinks as market rates fall and hits zero if the market rate is less than or equal the rate on the assumable mortgage.
• Assumable mortgages would allow a second party to assume the position of borrower and essentially adopt the agreement that is already in place between the buyer and the financial institution.
• Value is created and grows whenever the prevailing interest rate for a new mortgage loan is greater than and increasing when compared to the interest rate of the assumable mortgage.