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Loan Calculators

Fixed vs ARM vs Interest-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).

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
First monthly principal
and interest payment:
Total monthly payments:
Total interest:
Maximum monthly
payment:

These calculators are provided only as reference tools.  The results of theses tools are deemed to be reliable, but are not guaranteed to applicable to a particular use. The site owners and/or developers are not responsible for any damages cause by the use or misuse of these tools.

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