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ARM vs Fixed Rate Mortgage Calculator

Our ARM vs Fixed Rate Mortgage Calculator compares a fixed rate mortgage with both fully-amortizing and interest-only adjustable rate mortgages (ARMs). If you plan to be in your home for less than 5 years, an ARM may be suggested to save you money, however our calculator allows you to weigh all the options.
 
Loan Information
Mortgage loan amount:
Mortgage loan term:
Expected adjustment (%):
Fixed Rate Mortgage
Fixed interest rate (%):
Fully Amortized Adjustable Rate Mortgage
Beginning interest rate (%):
Number of months before first rate adjustment:
Interest rate cap (%):
Interest-Only Adjustable Rate Mortgage
Beginning interest rate (%):
Number of months before first rate adjustment:
Interest rate cap (%):
Comparison Results Fixed ARM Interest-Only ARM
Beginning monthly principal and interest payment:
Total monthly payments:
Total interest:
Maximum monthly payment:
 
 
  • Every mortgage loan is handled by one of our licensed Mortgage Brokers with years of experience in brokerage and each file is processed in house by one of our highly trained loan processors. You can be rest assured that your loan will close on time with no hassles at all.

    Experience, dedication, a hard work ethic and a devotion to customer service like no other has helped us grow into one of the fastest growing mortgage Lender companies in Florida. Apply online today and see why our commitment to each individual customer makes us the forefront leader in the mortgage industry.
     
Equal Housing Lender 19705 S. Dixie Highway Cutler Bay, FL 33157
Phone :     305-270-8526
Toll Free : 1-866-756-0696
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