He aha ka hua hohola (YSP) | ʻoihana hōʻaiʻē
ʻO ka laha panakō ka ʻokoʻa ma waena o ka uku panee a kahi panakō e uku ai i ka mea hōʻaiʻē a me ka uku pānaʻi a kahi panakō e uku ai i kahi mea mālama. Ua kapa ʻia hoʻi ʻo ka hoʻolaha ʻana o ka ʻupena, ʻo ka pālahalaha panakō he pākēneka e hōʻike ana i ka nui o ke kālā i loaʻa i ka panakō me ka nui o kāna hāʻawi ʻana.
Loaʻa i kahi panakō ke kālā mai ka ukupanee i loaʻa iā ia ma nā hōʻaiʻē a me nā waiwai ʻē aʻe, a uku kālā i nā mea kūʻai aku e hoʻolilo i nā waihona i loko o nā moʻo kālā ukupanee. ʻO ka pilina ma waena o ke kālā i loaʻa iā ʻoe a me ke kālā āu e uku ai, ua kapa ʻia ʻo ka palahalaha panakō.
Eia naʻe, ke ana ka laha panakō i ka ʻokoʻa awelika ma waena o ka hōʻaiʻē a me ka hōʻaiʻē ʻana i ka uku paneʻe, ʻaʻole ka nui o ka hana panakō ponoʻī, ʻo ia hoʻi, ʻaʻole i hōʻike ʻia ka laha panakō i ka loaʻa kālā o kahi ʻoihana kālā.
E noʻonoʻo i kahi panakō e hāʻawi kālā i kāna mau mea kūʻai ma ka awelika o 8%. I ka manawa like, ʻo ka uku pānaʻi e uku ʻia e ka panakō no nā kālā i waiho ʻia e nā mea kūʻai aku i kā lākou mau moʻokāki pilikino he 1%. He 8 pākēneka me ka hapa 1 pākēneka ka palena ʻupena ʻupena o kēlā hui kālā, a ʻo ka hopena i ka palena panakō he 7 pākēneka.
YSP vs. Aie a ka mea aie
ʻO ka laha o ka uku panee ʻupena ka ʻokoʻa ma waena o ka awelika hoʻihoʻi i loaʻa i kahi ʻoihana kālā ma nā hōʻaiʻē - me nā hana ʻē aʻe - a me ka awelika uku e uku ai ma nā waihona a me nā hōʻaiʻē. ʻO ka hoʻolaha ʻana o ka uku paneʻe he mea nui ia o ka loaʻa kālā (a i ʻole ka nele) o kahi ʻoihana kālā.
Loaʻa i nā ʻoihana e hōʻaiʻē, e like me nā panakō kalepa, ka loaʻa kālā ukupanee mai nā kumu like ʻole. ʻO nā waihona (i kapa pinepine ʻia he waihona kumu) he kumu mua, ma ke ʻano o ka nānā ʻana a me nā waihona mālama kālā a i ʻole palapala hōʻoia o ka waiho kālā (CD). Loaʻa pinepine ʻia kēia mau mea ma nā uku haʻahaʻa. Hoʻonui pū nā panakō i ke kālā ma o ke kaulike, nā waihona kūʻai nui, a me ka hoʻopuka ʻana i nā aie. Hoʻopuka nā panakō i nā ʻano hōʻaiʻē like ʻole-e like me nā moraki waiwai, nā hōʻaiʻē home equity, nā hōʻaiʻē haumāna, nā hōʻaiʻē kaʻa, a me nā hōʻaiʻē kāleka hōʻaiʻē-i hāʻawi ʻia ma nā uku ukupanee kiʻekiʻe.
ʻO ka hana nui o ka panakō, ʻo ia ka mālama ʻana i ka pālahalaha ma waena o ka uku paneʻe ma nā waihona āna e uku ai i nā mea kūʻai aku a me ka uku i loaʻa iā ia ma kāna hōʻaiʻē. I nā huaʻōlelo ʻē aʻe, ke kiʻekiʻe ka ukupanee i loaʻa i kahi panakō ma nā hōʻaiʻē ma mua o ka ukupanee i uku ʻia ma nā waihona, hoʻopuka ʻo ia i ka loaʻa kālā mai ka pālahalaha ʻana o ka uku paneʻe. Ma nā ʻōlelo maʻalahi, ʻokoʻa nā ʻokoʻa ukupanee e like me nā palena kālā.
Hāʻawi i ka uku hoʻolaha
Ke noʻonoʻo nei i ka ʻimi ʻana i ka ʻona home? He mea maʻalahi ka loaʻa ʻana i ka hauʻoli o ke kaʻina hana kūʻai hale, akā he mea nui nō hoʻi ka loaʻa ʻana o ka ʻike kūpono mai ka hoʻomaka ʻana i ʻole e loaʻa iā ʻoe kekahi "kahaha" ʻino ma ke ala. ʻO ia ka ʻike maopopo ʻana e pili ana i nā kumukūʻai mua e hiki i nā mea kūʻai hale ke manaʻo i ka wā i loaʻa ai kahi home a lākou e makemake ai, mai ka nānā ʻana i ka home a i ka uku ʻana i ka bail a me nā ʻano like ʻole o nā kumu pani. Me kēlā mau kālā āpau, hauʻoli paha ʻoe i ka ʻike ʻana ʻaʻohe āu kumu hoʻomaka, akā e puka mai ke kālā mai kāu ʻeke ma hope? Malia paha, inā loaʻa i kāu hōʻaiʻē ka mea i ʻike ʻia he Yield Spread Premium (YSP).
ʻO ka uku hoʻolaha ʻana he huaʻōlelo maikaʻi ia no ka uku i hiki ke loaʻa i ka mea kūʻai moraki mai ka mea hāʻawi aku no ke kūʻai aku ʻana i ka uku ma luna o ka uku nominal o ka mea hāʻawi i kūpono i ka mea hōʻaiʻē. (Mai hopohopo, e wehewehe mākou i ke ʻano o ia mea.)
ʻO ka mea mua e hoʻomaopopo ai, ʻo ia ka pilina ma waena o ka mea hāʻawi moraki, mea kūʻai moraki, a me ka mea kūʻai hale / mea hōʻaiʻē. ʻO ka mea kūʻai aku ka mea kūʻai aku ma ke ʻano he mea kūʻai aku ma waena o ka mea kūʻai aku a me ka mea hāʻawi. Nui ka poʻe kūʻai hale e hoʻohana i nā lawelawe o nā moraki no ka loaʻa ʻana o nā huaʻōlelo like ʻole no kā lākou moraki me ka ʻole e hoʻopili i kēlā me kēia mea hāʻawi. E noiʻi ka ʻelele a hōʻike i nā ʻano hōʻaiʻē like ʻole a me nā huaʻōlelo no ka hoʻohālikelike e pili ana i ka nui o ka hōʻaiʻē moraki, ka helu ʻaiʻē a me nā kumu ʻē aʻe. Akā ʻaʻole manuahi kēia ʻōlelo aʻo a me ka hana wāwae: e uku ʻia ka mea hoʻolimalima moraki, a ma laila kahi e pāʻani ai nā PSJ.
Ua wehewehe ʻia nā uku hoʻolaha moraki home
ʻO ka laha panakō ka ʻokoʻa ma waena o ka uku panee a kahi panakō e uku ai i ka mea hōʻaiʻē a me ka uku i uku ʻia e ka mea waiho kālā. Ua kapa ʻia hoʻi ʻo ka hoʻolaha ʻana i ka ʻupena, ʻo ka pālahalaha panakō he pākēneka e hōʻike ana i ka nui o ke kālā i loaʻa i ka panakō me ka nui o kāna hāʻawi ʻana.
Loaʻa i kahi panakō ke kālā mai ka ukupanee i loaʻa iā ia ma nā hōʻaiʻē a me nā waiwai ʻē aʻe, a uku kālā i nā mea kūʻai aku e hoʻolilo i nā waihona i loko o nā moʻo kālā ukupanee. ʻO ka pilina ma waena o ke kālā i loaʻa iā ʻoe a me ke kālā āu e uku ai, ua kapa ʻia ʻo ka palahalaha panakō.
Eia naʻe, ke ana ka laha panakō i ka ʻokoʻa awelika ma waena o ka hōʻaiʻē a me ka hōʻaiʻē ʻana i ka uku paneʻe, ʻaʻole ka nui o ka hana panakō ponoʻī, ʻo ia hoʻi, ʻaʻole i hōʻike ʻia ka laha panakō i ka loaʻa kālā o kahi ʻoihana kālā.
E noʻonoʻo i kahi panakō e hāʻawi kālā i kāna mau mea kūʻai ma ka awelika o 8%. I ka manawa like, ʻo ka uku pānaʻi e uku ʻia e ka panakō no nā kālā i waiho ʻia e nā mea kūʻai aku i kā lākou mau moʻokāki pilikino he 1%. He 8 pākēneka me ka hapa 1 pākēneka ka palena ʻupena ʻupena o kēlā hui kālā, a ʻo ka hopena i ka palena panakō he 7 pākēneka.
