Resource Center » Mortgage Calculators » ARM vs. Fixed Rate Mortgage Calculator Print Share

ARM VS. FIXED RATE MORTGAGE CALCULATOR

A fixed rate mortgage has the same payment for the entire term of the loan. An adjustable rate mortgage (ARM) has a rate that can change, causing your monthly payment to increase or decrease. Use this calculator to compare a fixed rate mortgage to two types of ARMs, a Fully Amortizing ARM and an Interest Only ARM.


Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

NCUA Your savings federally insured to at least $250,000
and backed by the full faith & credit of the U.S. Government.