Option ARM Calculator

Option ARM Loan Information

Loan Amount ($)
Length of Loan (Yrs)
Initial Interest Rate (%)
Index Rate (%)
Margin (%)
Payment Change Cap (%)
Standard Loan Information
Interest Rate (%)

Results
Minimum Payment: $999.76
(Deferred Interest: $625.24)
Interest Only Payment: $1,625.00
Fully Amortizing 30-Year Payment: $1,896.20
Fully Amortizing 15-Year Payment: $2,613.32
Fully Amortizing 40-Year Payment: $1,756.37
Standard Loan Payment: $2,201.29

Instructions
This calculator will show a minimum payment and an interest only payment amount for option ARM loans based on your loan parameters. For comparison, it will also calculate the monthly payment for standard fixed-rate mortgage.

Disclaimer: We cannot guarantee the accuracy of this calculator. You should check with your finance provider before entering into any contracts.
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