ARM vs. Fixed Rate Mortgage

ARM vs. Fixed Rate Mortgage

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 a Fully Amortizing 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.


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FHA Loan

Purchase your home with only 3.5% down. Closing costs can be a gift from a relative!

FHA offers more flexibility in credit and income. No pre-payment penalties. Easier to qualify than conventional loans.
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30-Year Loan

Our most popular mortgage. Get a low payment and the security your rate won't change for the life of your loan.
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Loan Programs

30 yrs Fixed, 20 yrs Fixed,
15 yrs Fixed

7/1 arms, 5/1 arms,
3/1 arms
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