Our mortgage calculators are for demonstration purposes only and may not reflect actual numbers for your specific mortgage. Contact us and we will walk you through the best possible mortgage scenario for your specific needs!
Check out what your monthly payment could be by using our Adjustable Rate (ARM) Mortgage Calculator...
Principal
$
Interest
$
PMI
$
Taxes & HOA
$
Homeowners Insurance
$
Loan Totals:
Purchase Price
$
Down Payment
$
Total Loan Amount
$
Adjustable Rate Types
10/1 ARM
Fixed for 120 months, adjusts annually for the remaining term of the loan. 7/1 ARM
Fixed for 84 months, adjusts annually for the remaining term of the loan. 5/1 ARM
Fixed for 60 months, adjusts annually for the remaining term of the loan. 3/1 ARM
Fixed for 36 months, adjusts annually for the remaining term of the loan. 10/6 month ARM
Fixed for 120 months, adjusts every 6 months for the remaining term of the loan. 7/6 month ARM
Fixed for 84 months, adjusts every 6 months for the remaining term of the loan. 5/6 month ARM
Fixed for 60 months, adjusts every 6 months for the remaining term of the loan. 3/6 month ARM
Fixed for 36 months, adjusts every 6 months for the remaining term of the loan.
Fixed for 120 months, adjusts annually for the remaining term of the loan. 7/1 ARM
Fixed for 84 months, adjusts annually for the remaining term of the loan. 5/1 ARM
Fixed for 60 months, adjusts annually for the remaining term of the loan. 3/1 ARM
Fixed for 36 months, adjusts annually for the remaining term of the loan. 10/6 month ARM
Fixed for 120 months, adjusts every 6 months for the remaining term of the loan. 7/6 month ARM
Fixed for 84 months, adjusts every 6 months for the remaining term of the loan. 5/6 month ARM
Fixed for 60 months, adjusts every 6 months for the remaining term of the loan. 3/6 month ARM
Fixed for 36 months, adjusts every 6 months for the remaining term of the loan.
Estimated Initial Payment
$ /mo
ARM Type
Loan amount
$
Down payment
$
Interest rate
Loan term
Taxes & insurance included?
Property tax
Homeowner's insurance
$
Mortgage insurance
$
HOA dues
$
Initial Payment Breakdown
Amortization
Principal vs. Interest
Amortization Schedule Breakdown
Our detailed amortization schedule breaks down your mortgage payments, showing how they are split between interest and principal over the life of your loan.
Note: The actual monthly payment may be higher than what is shown here, as this schedule does not account for variable costs such as property taxes and home insurance, which are often included in your total mortgage payment.
- Principal payments: $$240,000 (the amount borrowed)
- Interest payments: $$297,554 (the cost of borrowing)
Check out our other mortgage calculators
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