A simulation approach to the choice between fixed and adjustable rate mortgages

William K. Templeton; Robert S. Main; J. B. Orris

A simulation approach to the choice between fixed and adjustable rate mortgages

Butler University

Research output: Contribution to journal › Article › peer-review

Abstract

Presents a study which offers simulation approach model by which borrowers may more effectively evaluate fixed rate mortgage (FRM) and adjustable rate mortgage (ARM) choice. Identification of pricing variables as an important determinant of choice; Construction of model parameters comparing present value costs of ARM and FRM; Presentation of simulation outputs.

Original language	American English
Journal	Financial Services Review
Volume	5
State	Published - Jan 1 1996

Keywords

MORTGAGE loans
LOANS
RATES

Disciplines

Business
Finance and Financial Management

Access to Document

A simulation approach to the choice between fixed and adjustableFinal published version, 965 KBLicense: Unspecified
A simulation approach to the choice between fixed and adjustableFinal published version, 965 KBLicense: Unspecified

Cite this

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title = "A simulation approach to the choice between fixed and adjustable rate mortgages",

abstract = " Presents a study which offers simulation approach model by which borrowers may more effectively evaluate fixed rate mortgage (FRM) and adjustable rate mortgage (ARM) choice. Identification of pricing variables as an important determinant of choice; Construction of model parameters comparing present value costs of ARM and FRM; Presentation of simulation outputs.",

keywords = "MORTGAGE loans, LOANS, RATES",

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year = "1996",

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language = "American English",

volume = "5",

journal = "Financial Services Review",

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T1 - A simulation approach to the choice between fixed and adjustable rate mortgages

AU - Templeton, William K.

AU - Main, Robert S.

AU - Orris, J. B.

PY - 1996/1/1

Y1 - 1996/1/1

N2 - Presents a study which offers simulation approach model by which borrowers may more effectively evaluate fixed rate mortgage (FRM) and adjustable rate mortgage (ARM) choice. Identification of pricing variables as an important determinant of choice; Construction of model parameters comparing present value costs of ARM and FRM; Presentation of simulation outputs.

AB - Presents a study which offers simulation approach model by which borrowers may more effectively evaluate fixed rate mortgage (FRM) and adjustable rate mortgage (ARM) choice. Identification of pricing variables as an important determinant of choice; Construction of model parameters comparing present value costs of ARM and FRM; Presentation of simulation outputs.

KW - MORTGAGE loans

KW - LOANS

KW - RATES

UR - https://digitalcommons.butler.edu/cob_papers/8

M3 - Article

VL - 5

JO - Financial Services Review

JF - Financial Services Review

ER -

A simulation approach to the choice between fixed and adjustable rate mortgages

Abstract

Keywords

Disciplines

Access to Document

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Cite this