Adjustable rate loans vs fixed rate loans: Phoenix Arizona mortgages and real estate loans

Phoenix Arizona home loans including FHA loans, VA mortgages and conventional home loan financing

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ARMs vs Fixed Rate Home Loans

Purpose: This calculator compares an adjustable rate mortgage to a fixed-rate mortgage assuming different adjustments at each period.

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:	$
Loan Term:
ARM Type:
ARM Start Rate:
Adjustment Cap:
Lifetime Cap:
ARM Points:
Rate Adjustments:
Fixed Rate:
Fixed Points

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11024 N. 28th Dr., Ste 200, Phoenix, AZ 85029 (602) 993-0000
Sun Nations Mortgage, Inc. is a licensed Arizona lender (MB#13507) and HUD approved lender.