Mortgage Calculator - ARM Analyzer
Use this mortgage calculator to estimate and analyze the adjustable rate of your mortgage (ARM).
An ARM (adjustable rate mortgage), is a mortgage on which the interest rate is not fixed for the entire life of the mortgage loan. The rate is fixed for a period at the beginning (initial rate period), but after that it may change based on movements in an interest rate index. ARMs are different than fixed-rate mortgages (FRMs) where the mortgage rate holds for the entire life of the mortgage loan.
Your actual rate, payment, and costs could be higher. Get an official Estimate before choosing a loan. Loan and Interest calculators are for estimation purposes only.
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