ARM vs Fixed-Rate

ARM vs. Fixed-Rate Mortgage

Compare an adjustable-rate mortgage (ARM) against a fixed-rate mortgage over a set period.

Loan amount ($)

Fixed rate (%)

ARM initial rate (%)

Initial period (years)

ARM adjusted rate after (%)

Compare over (years)

Term (years)

Fixed monthly payment

—

ARM initial payment

—

ARM adjusted payment

—

Fixed total (comparison period)

—

ARM total (comparison period)

—

Better option

—