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What will my ARM loan payment Be?
Loan Information

Loan Amount ($)
Length of Loan (Yrs)
Initial Period (Yrs)
Rate Information

Interest Rate (%)
Current Index (%)
Margin (%)

Results
Loan Amount: $150,000.00
Lenght of Loan: 30 Years
Average Monthly Payment: $1,098.73
Average Rate: 7.982%
Initial Rate: 6.500%
Monthly Payment: $948.10
Period Length: 3 Years
Balance after 3 Yrs: $144,625.86
Adjusted Rate: 8.250%
Monthly Payment: $1,115.47
Period Length: 27 Years

Instructions
This calculator estimates the initial payments as well as the future payments for an ARM mortgage. The ARM loan parameters (Initial Rate, Index, Margin) are used in this calculator. Only the first interest rate change is calculated to the fully indexed interest rate. (Index + Margin).

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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