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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 & interest payment:
Total monthly payments:
Total interest:
Maximum monthly payment:

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