a 5/1 Hybrid ARM is with the following characteristics:. a 5/1 Hybrid ARM is with the following characteristics: $200,000 borrowed, 30 year, fully amortizing, initial rate of 4%, rate at reset date is tied to 10 year Treasuries, margin 2%, at origination 10 year Treasuries are at 3%, at the first reset date 10 year Treasuries are at 4%. There is a lifetime cap of 10%, and a lifetime floor of 3%. interest on this loan. What is the monthly payment during theÿfourth yearÿof this loan?