Source: https://www.law.cornell.edu/cfr/text/12/part-226/appendix-H
Timestamp: 2015-09-05 06:38:34
Document Index: 34657828

Matched Legal Cases: ['art 226', 'art 226', 'art 226', 'art 226', 'art 226', 'art 226', '§ 226', '§ 226', '§ 226', '§ 226', '§ 226', '§ 226', '§ 226', '§ 226', '§ 226', '§ 226', '§ 226', '§ 226', '§ 226', '§ 226', '§ 226', '§ 226', '§ 226', '§ 226', '§ 226', '§ 226', 'art 226']

12 CFR Part 226, Appendix H to Part 226 - Closed-End Model Forms and Clauses | US Law | LII / Legal Information Institute
CFR › Title 12 › Chapter II › Subchapter A › Part 226 › Appendix H 12 CFR Part 226, Appendix H to Part 226 - Closed-End Model Forms and Clauses
View PDF at GPOPt. 226, App. H
Appendix H to Part 226— Closed-End Model Forms and Clauses
H-1 Credit Sale Model Form (§ 226.18)
H-2 Loan Model Form (§ 226.18)
H-3 Amount Financed Itemization Model Form (§ 226.18(c))
H-4(A) Variable-Rate Model Clauses (§ 226.18(f)(1))
H-4(B) Variable-Rate Model Clauses (§ 226.18(f)(2))
H-4(C) Variable-Rate Model Clauses (§ 226.19(b))
H-4(D) Variable-Rate Model Clauses (§ 226.20(c))
H-4(E)—Fixed-Rate Mortgage Interest Rate and Payment Summary Model Clause (§ 226.18(s))
H-4(F)—Adjustable-Rate Mortgage or Step-Rate Mortgage Interest Rate and Payment Summary Model Clause (§ 226.18(s))
H-4(G)—Mortgage with Negative Amortization Interest Rate and Payment Summary Model Clause (§ 226.18(s))
H-4(H)—Fixed-Rate Mortgage with Interest-Only Interest Rate and Payment Summary Model Clause (§ 226.18(s))
H-4(I)—Adjustable-Rate Mortgage Introductory Rate Disclosure Model Clause (§ 226.18(s)(2)(iii))
H-4(J)—Balloon Payment Disclosure Model Clause (§ 226.18(s)(5))
H-4(K)—No Guarantee to Refinance Statement Model Clause (§ 226.18(t))
H-5 Demand Feature Model Clauses (§ 226.18(i))
H-6 Assumption Policy Model Clause (§ 226.18(q))
H-7 Required Deposit Model Clause (§ 226.18(r))
H-8 Rescission Model Form (General) (§ 226.23)
H-9 Rescission Model Form (Refinancing (with Original Creditor)) (§ 226.23)
H-10 Credit Sale Sample
H-11 Installment Loan Sample
H-12 Refinancing Sample
H-13 Mortgage with Demand Feature Sample
H-14 Variable-Rate Mortgage Sample (§ 226.19(b))
H-15 Graduated-Payment Mortgage Sample
H-16 Mortgage Sample
—Information about the index [formula for rate adjustments] is published [can be found] ________.
• [Your interest rate cannot increase or decrease more than ___ percentage points at each adjustment.]
• Your interest rate cannot increase [or decrease] more than ___ percentage points over the term of the loan.
* This is a margin we have used recently, your margin may be different.
** This is the amount of a discount we have provided recently; your loan may be discounted by a different amount.]
[Margin] *
Caps ____ [periodic interest rate cap]
____ [lifetime interest rate cap
____ [payment cap]
[Interest rate carryover]
[Interest rate discount] **
Index.......(identification of index or formula)
Margin(Percentagepoints)
InterestRate(%)
MonthlyPayment($)
RemainingBalance($)
Note: To see what your payments would have been during that period, divide your mortgage amount by $10,000; then multiply the monthly payment by that amount. (For example, in 1996 the monthly payment for a mortgage amount of $60,000 taken out in 1982 would be: $60,000÷$10,000=6; 6×____=$____ per month.)
[Final Balloon Payment due (date): $____]
• [For example, on a $10,000, 30-year loan with an initial interest rate of 12.41 percent in effect in July 1996, the maximum amount that the interest rate can rise under this program is 5 percentage points, to 17.41 percent, and the monthly payment can rise from a first-year payment of $106.03 to a maximum of $145.34 in the fourth year. To see what your payment is, divide your mortgage amount by $10,000; then multiply the monthly payment by that amount. (For example, the monthly payment for a mortgage amount of $60,000 would be: $60,000÷$10,000=6; 6×106.03=$636.18 per month.)
Caps____ 2 percentage points annual interest rate
____ 5 percentage points lifetime interest rate
Index____ Weekly average yield on U.S. Treasury securities adjusted to a constant maturity of one year.
Year(as of 1st week ending in July)
Margin*(percentagepoints)
Note: To see what your payments would have been during that period, divide your mortgage amount by $10,000; then multiply the monthly payment by that amount. (For example, in 1996 the monthly payment for a mortgage amount of $60,000 taken out in 1982 would be: $60,000÷$10,000=6; 6×$106.73=$640.38.)
9,989.37
**15.41
9,969.66
9,945.51
**13.17
9,903.70
***12.41
9,848.94
9,786.98
9,637.56
9,547.83
9,446.29
9,331.56
9,201.61
9,054.72
8,888.52
[To Enroll, Sign Here]/[To Enroll, Initial Here]. X __________
To Enroll, Initial Here. X __________
[46 FR 20892, Apr. 7, 1981, as amended at 46 FR 29246, June 1, 1981; 52 FR 52 FR 48671, Dec. 24, 1987; 53 FR 467, Jan. 7, 1988; Reg. Z, 60 FR 15473, Mar. 24, 1995; 61 FR 49247, Sept. 19, 1996; 62 FR 63444, 63445, Dec. 1, 1997; 62 FR 66179, Dec. 17, 1997; Reg. Z, 63 FR 2723, Jan. 16, 1998; 66 FR 65618, Dec. 20, 2001; 74 FR 41236, Aug. 14, 2009; 75 FR 7845, Feb. 22, 2010; 75 FR 58484, Sept. 24, 2010]
Title 12 published on 2015-01-01.No entries appear in the Federal Register after this date, for 12 CFR Part 226.