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Bronn took out a fully amortizing, 5 / 1 hybrid, adjustable rate mortgage of $ 1 9 2 , 1 2 3 with 1 8
Bronn took out a fully amortizing, hybrid, adjustable rate mortgage of $ with year maturity.
The interest rate is indexed to SOFR and the margin is
At the time of the loan origination, SOFR was At the end of the th year, the SOFR was
In the th month of the th year, Bronns monthly payment equals $
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