ARM Calculator

Loan Amount

Initial Interest Rate

Initial Fixed Period (Years)

Adjustment Cap

Lifetime Cap

Loan Term (Years)

Expected Rate Adjustment

Understanding ARMs

Key ARM features:

Initial fixed-rate period with stable payments
Rate adjustments after fixed period ends
Periodic and lifetime rate caps protect borrowers
Potential for lower initial rates than fixed mortgages
Risk of payment increases after adjustment

Note: This calculator provides estimates based on the information you enter. Actual ARM terms and adjustments may vary by lender. Consider both the benefits and risks before choosing an ARM over a fixed-rate mortgage.