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Hi Tim,

Here's a pre-coded Excel calc you can use;

In the U.S. virtually all hybrid ARM loans (those fixed for a while than becoming adjustable) are built on a 30 year chassis.
Further, there are no current lenders offering 1st lien hybrid ARMs tied to Prime... they're all generally tied to LIBOR or the Treasuries.
Lastly, margins are generally the same for 3 & 5 year versions, and usually around 2.25% (when tied to the 1 year LIBOR.)

Are you in a different country, or what lender are you looking at?

Dave Donhoff
Leverage Planner
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