Fixed or ARM?
This sketch
- Fixed monthly P&I
- $2,275
- ARM intro P&I
- $2,101
- ARM P&I after intro
- $2,577
- ARM cost during intro
- $126,052
- Fixed cost over the same years
- $136,527
What this sketch assumes
- ARM intro payment uses the intro rate amortized over 30 years. After 5 years, the remaining balance is re-amortized at the later rate you entered.
- Index, margin, periodic caps, and lifetime caps are not modeled. That later rate is a stress sketch — not a forecast. Talk to me — I'll walk the caps on a live ARM.
Estimates only — not a lock or a Loan Estimate. This site does not pull credit. Disclosures
Sketches only. Let's price YOUR home.
Sketches only. Let's price YOUR home.
We'll price the home, your credit, and how you earn. Talk to me — then apply when you're ready.