Question, if I do have a bump in the interest rate, am I to assume that bump would apply across the entire term of the loan and not be adjusted just for the final month (based on the above example)?

Maybe your price needs an adjustment .

As bookkeeping goes, that's how I would record it and present it to the auditors and they give me any adjusting journal entries to deal with.I can be reached if you have further questions or concerns.

Our foundation guy has good prices, is reliable, and even fixed some of the concrete changes that come with adjusting the foundation of a house for free.

Also, if you ask your lender, they can sometimes adjust terms based on what you want to see.

I very much adjusted my strategy over time.

The loan offer that seems to be the best of these offers is a 20 yr ARM adjusting every 5 years with a 2.5 add to "the index", the index in this case being, "the daily average yield on the 5 year fixed rate advance from Federal Home Loan bank of NY".My problem/question is, I can't find a listing for any data on this rate.

I personally think you will have to just adjust.

The best way to spot such trends is to look at $/SF for housing prices over the last 10 or 20 years, adjusted for inflation.

You likely also will need to adjust for any preexisting normal wear and tear for items like carpet and paint.