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Thursday

September 2, 2010

Today's Rates

30 Yr. Fixed

4.125

15 Yr. Fixed 3.75
FHA/VA Fixed

4.25-4.5

5/1 ARM

3.25

 

 

Fixed Rate vs. ARM Calculator

This tool allows you to compare the monthly payment for Fixed Rate Mortgage and an Adjustable Rate Mortgage (ARM).

Basic Loan Information ARM Variables
Loan Amount $ Months Before First Adjustment  Months
Term    Years Months Between Adjustments  Months
Fixed Rate Variable Expected Adjustment Rate  %
Interest Rate    % Initial Interest Rate  %
      Maximum Interest Rate  %