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Adjustable Rate Mortgage Calculator

Our adjustable rate mortgage calculator allows you to calculate your mortgage payment based on adjustable interest rates. An adjustable rate mortgage allows you to pay less interest over a shorter period of time, usually three to five years. After which, in most cases, your interest rate becomes based upon the current prime rate.

Adjustable Rate Mortgage Calculator

 
 
 

Mortgage loan amount:
Beginning interest rate (%):
Mortgage loan term:
Number of months before first rate adjustment:
Number of months between adjustments:
Expected adjustment (%):
Interest rate cap (%):
Beginning monthly principal and interest payment:
Total monthly payments:
Total interest:
Maximum monthly payment:

 

 

 

 

 

 

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