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ARM vs. Fixed Mortgage

Bell Title

ARM vs Fixed Rate Mortgage Calculator

This calculator that will help you to compare a fixed rate mortgage with both fully-amortizing and interest-only adjustable rate mortgages (ARMs).

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:

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