Compare Fixed, ARM & I-O Home Loans

 

IO, ARM & FRM Calculator

Use this calculator to quickly estimate your monthly home loan payments for 3 types of loans at once: fixed-rate mortgages, adjustable-rate mortgages & interest-only home loans.

Your Loan Information
Mortgage amount:
Loan term:
Expected adjustment (%):
Fixed Rate Mortgage
Fixed interest rate (APR %):
Fully Amortized ARM
Beginning interest rate (APR %):
Years before first adjustment:
Interest rate cap (APR %):
Interest-Only ARM
Beginning interest rate (%):
Years before first adjustment:
Interest rate cap (%):
Comparison Results Fixed ARM Interest-Only ARM
Beginning P&I Payment:
Total Payments:
Total Interest:
Maximum Payment:

 

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