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Canvas Purchase price = $2,000,000 LTV . 85% Index rate-one-year Treasury yield (currently 1.78%) Margin 250 basis points Amortization = 30 year with monthly payments
Canvas Purchase price = $2,000,000 LTV . 85% Index rate-one-year Treasury yield (currently 1.78%) Margin 250 basis points Amortization = 30 year with monthly payments and compounding Annual Cap 2.5 percentage points Lifetime cap 4.0 percentage points Teaser rate = 1.5% Adjustment period Annually 31) What is the payment in the first year? $2.933.52 $5.86704 $2.678.45 $4.196.43
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