You will loss another $100,000 in your Mortgage Loan Interest !! Incredible...

YEAR (年份)	BLR (Base Lending Rate)
2000	6.75%
2001	6.75%
2002	6.50%
2003	6.50%
2004	6.00%
2005	6.00%
2006 March - April	6.50%
2006 May	6.75%
2007	6.75%
2008 Dec	6.50%
2009 Feb	5.95%
2009 March	5.55%

Please review the BLR history from Y2000 to Y2009

What will happen to your mortgage loan when BLR Increase on 2nd year and onwards ?…

For instance,

Your Loan Amount : $150,000

Borrowing Period : 30 years

Current BLR 5.55%

Current Loan Interest : BLR -2% (i.e. 3.55%)

Repayment : $ 677

Your Total Interest for this loan package will be $94,208.97 (provided BLR 5.55% for 30yrs).

When BLR increase to 6.75% on the 2^nd Year and onwards, with same repayment $677, Total Interest will JUMP To $194,316.44. Wow…you have to pay an extra $100,107.47.

Only an increase 1.2% of loan interest could bring a disaster on bearing such huge sum INTEREST !!! 106% ! and strengthen your borrowing period from 360 months (30 years) into 480 months (40 years )

You got to get the mortgage auditor to review and monitor your mortgage loan before become one of the victims.