首页> 外国专利> My invention is the software and process that enables a home loan borrower with a variable interest rate loan vulnerable to mortgage stress to manage their interest rate risk by calculating when they should switch to a fixed rate housing loan. It does this by using the amount that the borrower can afford to increase their repayments by according to their budget and adding it to their current loan repayments and calculating the switch point for transferring to a fixed interest rate loan. This enables the borrower to avoid mortgage stress.

My invention is the software and process that enables a home loan borrower with a variable interest rate loan vulnerable to mortgage stress to manage their interest rate risk by calculating when they should switch to a fixed rate housing loan. It does this by using the amount that the borrower can afford to increase their repayments by according to their budget and adding it to their current loan repayments and calculating the switch point for transferring to a fixed interest rate loan. This enables the borrower to avoid mortgage stress.

机译：我的发明是一种软件和过程，它使具有可变利率贷款的房屋贷款借款人容易受到抵押贷款压力的影响，可以通过计算何时应转换为固定利率住房贷款来管理其利率风险。它通过使用借款人有能力根据预算来增加还款额并将其添加到其当前的贷款还款额中，并计算转为固定利率贷款的转换点来做到这一点。这使借款人可以避免抵押压力。

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#$%^&*AU2019101063A420191017.pdf#####Page 1 of 1 This abstract describes the process of defining what an individual's housing loan borrower's risk tolerance is by relating it directly to their budget affordability is to increase their home loan repayments in dollars terms and converting the total affordable repayments into an interest rate at which point they should fix their variable interest rate housing loan interest rate by moving to a fixed interest rate housing loan. Normally, home loan providers do not specifically relate the ability of an individual borrower's budget to cope with increased variable interest rate home loan repayments. The current approach is a broad brushed policy of having a buffer risk tolerance relating to their total portfolio of variable interest rate home loan borrowers' ability to cope with increased home loan repayments resulting from variable interest rate home loans rate. This is accomplished by setting the repayments at a higher level than is required based on the repayments calculation by using a higher interest rate which is called the buffer rate. This proposed method would place an increased fiduciary duty on lenders and has been resisted even though it is in the borrower's best interest to have an increased duty of care on lenders. The new calculation method of risk tolerance would prevent borrowers with variable interest rates getting into mortgage stress when variable interest rate home loan interest ratesincrease. This situation exists because variable interest rate home loan interest rates are usually at a lower rate than fixed rate housing loans interest rates. Home loan borrowers with variable interest rate home loan are easily caught in a spiral of increased home loan repayments. The proposed method prevents this occurring.

机译：＃$％^＆* AU2019101063A420191017.pdf #####第1页，共1页该摘要描述了定义个人住房贷款借款人的风险的过程容忍是通过将其直接与他们的预算相关联来承担的，这是增加住房贷款以美元计的还款额，并将可负担的总还款额转换为利率为他们应该调整固定利率来固定浮动利率住房贷款利率利率住房贷款。通常，房屋贷款提供者并没有具体说明单个借款人的能力。预算以应付增加的浮动利率房屋贷款还款。目前的做法是一项涉及其可变资产总额具有缓冲风险承受能力的广泛刷牙政策利率住房贷款借款人应对住房贷款还款增加的能力从浮动利率住房贷款利率。这是通过将还款额设置为高于根据使用较高利率计算的还款额所需的水平这称为缓冲率。拟议的方法将增加信托责任贷款人，即使增加贷款额符合借款人的最大利益，也遭到了抵制。放贷人的注意义务。新的风险承受力计算方法可以防止借款人可变利率房屋贷款利息时，可变利率陷入抵押贷款压力费率增加。之所以存在这种情况，是因为可变利率房屋贷款利率通常较低利率要比固定利率住房贷款利率高。可变利率住房贷款借款人住房贷款很容易陷入住房贷款还款增加的漩涡中。提出的方法防止这种情况发生。

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公开/公告号AU2019101063A4

专利类型
公开/公告日2019-10-17

原文格式PDF
申请/专利权人 JOHN COSSTICK;
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申请/专利号AU20190101063
发明设计人 COSSTICK JOHN RICHARD;
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申请日2019-09-16
分类号G06Q40/02;
国家 AU
入库时间 2022-08-21 11:55:29

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