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Should I get a fixed or adjustable rate mortgage (ARM)?

Use this calculator to compare the monthly principal and interest payments for a fixed rate and an adjustable rate mortgage.

Points & Other Closing Costs

Fixed Rate Mortgage & FRM Rate

Amortizing Adjustable Rates & ARM Rates

Interest-Only Adjustable Rates & IO ARM Rates

Other Homeownership Expenses & Amount

Loan Amount, LTV & Closing Costs & Amount

Compare Your Loan Options

Your Initial Monthly Payments

Maximum Monthly Payments

Total Interest & Loan Costs

Create Printable report