This document presents a table comparing the costs and outcomes of different mortgage options in Denmark over a 5-year horizon. It shows the details of three mortgages: a fixed-rate mortgage at 4% interest over 30 years, an adjustable rate mortgage adjusted yearly over 30 years, and an adjustable rate mortgage adjusted yearly that is interest-only for the first 10 years. For each mortgage and different interest rate shift scenarios (+/- 0.5%), it outlines the monthly payment, total payments, principal repaid, bond price, ending principal, and home equity value.
This document presents a table comparing the costs and outcomes of different mortgage options in Denmark over a 5-year horizon. It shows the details of three mortgages: a fixed-rate mortgage at 4% interest over 30 years, an adjustable rate mortgage adjusted yearly over 30 years, and an adjustable rate mortgage adjusted yearly that is interest-only for the first 10 years. For each mortgage and different interest rate shift scenarios (+/- 0.5%), it outlines the monthly payment, total payments, principal repaid, bond price, ending principal, and home equity value.
This document presents a table comparing the costs and outcomes of different mortgage options in Denmark over a 5-year horizon. It shows the details of three mortgages: a fixed-rate mortgage at 4% interest over 30 years, an adjustable rate mortgage adjusted yearly over 30 years, and an adjustable rate mortgage adjusted yearly that is interest-only for the first 10 years. For each mortgage and different interest rate shift scenarios (+/- 0.5%), it outlines the monthly payment, total payments, principal repaid, bond price, ending principal, and home equity value.