If the Rate Goes Up
If the Rate Goes Up calculates the increased payment required that a rise in interest rate could cause.
Script - “I can certainly appreciate you wanting to think it over. However, I do want you to know that if the interest rate rises by ½% while you’re waiting to think it over, the payment on this mortgage would go up $XX.xx each and every month to live in the very same home. Would you mind sharing exactly what it is that you want to think over?”
