Home Payment Calculators Arm vs. Fixed Rate

ARM vs. Fixed Rate Mortgage

A fixed rate mortgage has the same payment for the entire term of the loan. An adjustable rate mortgage (ARM) has a rate that can change, causing your monthly payment to increase or decrease. Use this calculator to compare a fixed rate mortgage to two types of ARMs, a Fully Amortizing ARM and an Interest Only ARM.

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Corridor Mortgage Group, Inc. Licensed in MD, DC, DE,NJ, WV, Licensed by Pennsylvania Department of Banking, Licensed by the Commonwealth of Virginia State Corporation Commission Bureau of Financial Institutions MC-2584, NMLS #111979.
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