ARM VS. FIXED CALCULATOR

Loan Information

Mortgage Loan Amount

Mortgage Loan Term

Expected Adjustment (%)

Fixed Rate Mortgage

Fixed Interest Rate

Fully Amortized Adjustable Rate

Beginning Interest Rate

Months before 1st adjustment

Interest rate cap (%)

Interest-Only Adjustable Rate Mortgage

Beginning Interest Rate

Months before 1st adjustment

Interest rate cap (%)



Beginning Monthly Principal & Interest Payments

Fixed Rate

ARM

Interest-Only ARM

Total Monthly Payments

Fixed Rate

ARM

Interest-Only ARM

Total Interest

Fixed Rate

ARM

Interest-Only ARM

Maximum Monthly Payments

Fixed Rate

ARM

Interest-Only ARM


(DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or it’s applicability to your financial situation.  Please consult your own financial advisor.)