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Got your first bill? Use this calculator to see if you would come out ahead buying a new air conditioner
Compare 2 ARM Mortgages
This calculator will allow you to compare a Fixed Rate Mortgage and an ARM Mortgage.
ARM 1 Mortgage Loan Information
Amount of original Mortgage
(Include Points):
ARM Loan Starting Interest Rate:
%
ARM Loan Interest Rate Cap:
%
Mortgage Term (in years):
Months before first mortgage adjustment:
Months between adjustments:
ARM 2 Mortgage Loan Information
Amount of original Mortgage
(Include Points):
ARM Loan Starting Interest Rate:
%
ARM Loan Interest Rate Cap:
%
Mortgage Term (in years):
Months before first mortgage adjustment:
Months between adjustments:
Give your
estimate
of what you think the interest rates will be in the future. The rate could go up or down. Within the limits you gave above these interest rates will apply to both of your proposed loans.
1 year
2 year
5 year
10 year
20 year
%
%
%
%
%
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