Interest rate calculator for adjustable rate loans: Phoenix Arizona mortgages and real estate loans

Adjustable Rate Projection

Purpose: This calculator allows you to look at the future payments on an adjustable rate mortgage (ARM) based upon the adjustment scenario of your choice.

To begin, simply fill out the following questions. Remember, to simulate a conventional ARM, the adjustment cap is usually 2% and the lifetime cap is usually 6% (which compares to a 1% adjustment cap and a 5% lifetime cap for an FHA ARM).

Loan Amount:	$
ARM Type:
Starting Rate:
Adjustment Cap:
Lifetime Cap:
Loan Term: