What is the Carry Over Percent

What is the Carry Over Percent

What is the "Carry Over Percent" in the Arm Module


Workaround:

Certain ARM notes provide the ability to store unused rate increases which were blocked by the rate caps for use at a later time when a change in interest rate did not reach the cap amount for that period.

 

ARM Module>ARM Information tab>Carry over check box

 

Carry Over

Select this check box if there is a carry over to future adjustments. Currently, the ARM calculation does not fully support the carry over feature.

 

 

ArticleNumber:

000061610