 Main Index |
 TIPS Home |
net_cap_lifenet_cap_life (variable)
Maximum net rate for the life of an ARM
Declared as: double
Description:
The maximum the net rate (underlying rate minus service fee) can increase to over the life of an ARM. The number is stated as a percent (that is, 2% = 2.0 and 12.525% is 12.525)
Valid values:
Any number greater than zero
| © 2001 TIPS, Inc. | Doc Version: 5.0 |