Swaps-and-traps -

The two floating rates cancel each other out, leaving the borrower with a predictable fixed-rate cost. The Traps Beneath the Surface

Never rely solely on the bank providing the swap for the valuation of that swap. swaps-and-traps

Should I focus more on or mathematical calculations ? The two floating rates cancel each other out,

A borrower with a floating-rate loan (like LIBOR or SOFR) fears rates will rise. swaps-and-traps

Model the exit costs if interest rates drop by 2% or 3%.