Adjustable Rate Mortgage Calculator

It is a difficult decision to decide between a fixed and an adjustable-rate mortgage. Factors such as loan duration, the index used by the lender, the number and timing of rate adjustments, and your assumption about the increase/decrease of future interest rates all have an impact. Use this calculator to help compare the total cost of each alternative.

Mortgage Alternatives and Assumptions

Fixed-Rate Loan Adjustable-Rate Loan
(Initial) annual interest rate: (0-30)%
Number of years: (1-40)
Index Rate Detail

Adjustable Rate Detail

Comparison Assumptions