life cap การใช้

• The typical First Lien Monthly Adjustable loans with Negative amortization loan has a life cap for the underlying rate ( aka " Fully Indexed Rate " ) between 9.95 % and 12 % ( maximum assessed interest rate ).
• Cap structure is sometimes expressed as " initial adjustment cap " / " subsequent adjustment cap " / " life cap ", for example 2 / 2 / 5 for a loan with a 2 % cap on the initial adjustment, a 2 % cap on subsequent adjustments, and a 5 % cap on total interest rate adjustments.