Fixed Rate vs Adjustable Rate Mortgage Calculator

If you still haven’t decided on whether a Fixed or Adjustable Rate mortgage is right for you, check out our Fixed vs ARM calculator to compare them side by side. We even have an optional built in Interest Only mortgage payment comparison.

Please note that a fixed rate mortgage will keep the principle and interest portion of your monthly mortgage payment the same throughout the life of the loan, where as, an adjustable rate mortgage will allow your payments to fluctuate after the fixed rate period ends. While rates are high, an adjustable rate may be your best choice as your payments could become lower over time without having to refinance. When rates are low, it's generally considered a better decision to lock in a low fixed rate of interest.

If you have any further questions, please call us at 1-561-271-1611 or use our quick quote.

Fixed Rate Mortgage
Mortgage Amount
Term Years
Interest Rate %
Annual ARM Adjustments
Expected Rate Change %
ARM Fully Amortizing
Interest Rate %
Months Rate Fixed
Interest Rate Cap %
ARM Interest Only
Interest Rate %
Months Rate Fixed
Interest Rate Cap %