Help??

I have to fill out this table and I dont know how to go about doing that.

Adjustable Rate Mortgage: 3% with terms 5/1 with a 2/6 cap for 30 years
(Assume the interest rate increases by 1.25% after the initial period and every 10 years thereafter.)

I have to find the Monthly Payment, the # of Payments, and the Total Cost for Each Period for these years.
1-5
6-15
16-25
26-30
And then the Total.

Question

Help??

I have to fill out this table and I dont know how to go about doing that.

Adjustable Rate Mortgage: 3% with terms 5/1 with a 2/6 cap for 30 years
(Assume the interest rate increases by 1.25% after the initial period and every 10 years thereafter.)

I have to find the Monthly Payment, the # of Payments, and the Total Cost for Each Period for these years. 
1-5			
6-15			
16-25			
26-30			
And then the Total.

anonymous · Answer

@ganeshie8 @perl Do either of you know how to find the Adjustable Rate Mortgage?

anonymous · Answer

@TuringTest @Luigi0210

ilovewolf · Answer

https://answers.yahoo.com/question/index;_ylt=AwrTceKtxeRUxkwAhIcnnIlQ;_ylu=X3oDMTEzbDhhdjRqBHNlYwNzcgRwb3MDNQRjb2xvA2dxMQR2dGlkA1lIUzAwMV8x?qid=20130328193808AAqMct2

anonymous · Answer

That didnt really help me with my question. Sorry. Thanks for trying tho. :) @ilovewolf