Payments increase or decrease on a regular schedule with changes in interest rates; increases subject to limits. Types: Balloon Mortgage - Offers very low rates for an initial period of time (usually 5, 7, or 10 years); when time has elapsed, the balance is due or refinanced (though not automatically). Two-Step Mortgage - Interest rate adjusts only once and remains the same for the life of the loan; ARMS linked to a specific index or margin. Advantages: Generally offer lower initial interest rates; Monthly payments can be lower; May allow borrower to qualify for a larger loan amount.
If space is tight, consider using a panel saw to cut large sheets down to smaller sizes instead of setting up to handle them full size. When building overhead shelves, consider that a comfortable vertical reach is from 77-in. to 88-in. Normal horizontal reach ranges from about 15 1/2-in. to 20-in.