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#1213051 - 07/06/09 07:06 PM rate spread calc question
Island Dreaming Offline
100 Club
Joined: May 2009
Posts: 233
midwest
When using the rate spread calculator and you have a loan with a 54 month term, do you enter 4 years or 5 years for the term?
Thanks

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#1213117 - 07/06/09 08:11 PM Re: rate spread calc question Island Dreaming
David Dickinson Online
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David Dickinson
Joined: Nov 2000
Posts: 18,763
Central City, NE
Read the HELP section at the FFIEC/rate spread calculator website. It answers how to handle these situations.
_________________________
David Dickinson
http://www.bankerscompliance.com

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#1213128 - 07/06/09 08:20 PM Re: rate spread calc question David Dickinson
Island Dreaming Offline
100 Club
Joined: May 2009
Posts: 233
midwest
Thanks, Dave. I needed it in writing!!!

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