Kentfield, California. Kentfield (formerly Ross Landing, Tamalpais, and Kent) is a census-designated place (CDP) in Marin County, California, United States, just north of San Francisco. Kentfield is located on the Northwestern Pacific Railroad 2 miles (3.2 km) southwest of downtown San Rafael, at an elevation of 115 feet (35 m).
How Do Adjustable Rate Mortgages Work? An adjustable rate mortgage or âARMâ is a mortgage on which the interest rate can change during the life of the loan. In contrast, a fixed-rate mortgage or âFRMâ is one on which the interest rate is preset for the entire life of the mortgage. 1. Initial Rate Period:This is the period for which the initial rate holds.
Adjustable-Rate Mortgage: The initial payment on a 30-year $200,000 5-year Adjustable-Rate Loan at 3.125% and 70% loan-to-value (LTV) is $856.76 with 2.00 points due at closing. The Annual Percentage Rate (APR) is 3.372%.After the initial 5 years, the principal and interest payment is $856.75.djustable-Rate Mortgage: The initial payment on a 30-year $200,000 5-year Adjustable-Rate Loan at 3.125% and 70% loan-to-value (LTV) is $856.76 with 2.00 points due at closing. The Annual Percentage Rate (APR) is 3.372%.