Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Should I fix or should i stay Variable ??

Slava · 04-15-2010, 05:34 PM

I have variable and am sticking with it. I might lock-in a part of it, but even that is unlikely. In your case rates have to go up to 6.25 (or so you pay that much, so 7%) and stay there for as long as they have where they are today, and that is the breakeven. (I hope this makes sense as it does to me, but I might be making this more convoluted here!). Anyways, that kind of increase is possible, but not necessarily likely.

04-15-2010, 05:34 PM	#8
Slava Franchise Player Join Date: Dec 2006 Location: Calgary, Alberta Exp:	I have variable and am sticking with it. I might lock-in a part of it, but even that is unlikely. In your case rates have to go up to 6.25 (or so you pay that much, so 7%) and stay there for as long as they have where they are today, and that is the breakeven. (I hope this makes sense as it does to me, but I might be making this more convoluted here!). Anyways, that kind of increase is possible, but not necessarily likely.