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Yield to Lender (ARM) A 200,000 ARM loan with 15 points is granted a borrower. Year 1 PMT1,000. Year 2PMT -1050. Your 3 PMT=950. The

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Yield to Lender (ARM) A 200,000 ARM loan with 15 points is granted a borrower. Year 1 PMT1,000. Year 2PMT -1050. Your 3 PMT=950. The balance after 3 years (when the loan is paid oln is $190,000. The yield to lender is: 05.00 5.18 5.23 6131 5.50 0.5.87

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