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ARM vs Fixed Rate vs Interst-Only ARM 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).


Mortgage 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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