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ARM vs Fixed Mortgage Calculator

Compare first-period ARM savings against a fixed-rate mortgage and possible reset payment shock.

Loan amountLoan term

yr

Fixed rate

%

ARM start rate

%

ARM fixed period

yr

Estimated reset rate

%

Intro savings

$21,848

First 7 yr

Reset payment

$2,718

$123 vs fixed

Payment comparison

Fixed payment: $2,594
ARM intro payment: $2,334
Balance at first reset: $356,934
Estimated reset payment: $2,718