TMV calcs have 5 variables. Pv, n, pmt, rate, fv If you raise rate, and assume pmt, fv constant you must increase n or decrease pv. My original point was tha

TMV calcs have 5 variables. Pv, n, pmt, rate, fv If you raise rate, and assume pmt, fv constant you must increase n or decrease pv. My original point was that pv (loan value must come down) secondarily, n increases.