About ARM Rates and Payments


10/1 ARM

  120 Months 12 Months 12 Months 228 Months
Rate 7.125% 7.875% 7.875% 7.875%
APR 7.742% 7.742% 7.742% 7.742%
Points 0.625 0.625 0.625 0.625
Payment $3,368.59 $3,565.93 $3,565.93 $3,565.93
  Rate APR Points Payment
120 Months 7.125% 7.742% 0.625 $3,368.59
12 Months 7.875% 7.742% 0.625 $3,565.93
12 Months 7.875% 7.742% 0.625 $3,565.93
228 Months 7.875% 7.742% 0.625 $3,565.93

7/1 ARM

  84 Months 12 Months 12 Months 264 Months
Rate 6.875% 7.875% 7.875% 7.875%
APR 7.728% 7.728% 7.728% 7.728%
Points 0.750 0.750 0.750 0.750
Payment $3,284.66 $3,572.26 $3,572.26 $3,572.26
  Rate APR Points Payment
84 Months 6.875% 7.728% 0.750 $3,284.66
12 Months 7.875% 7.728% 0.750 $3,572.26
12 Months 7.875% 7.728% 0.750 $3,572.26
264 Months 7.875% 7.728% 0.750 $3,572.26

5/1 ARM

  60 Months 12 Months 12 Months 276 Months
Rate 6.750% 7.875% 7.875% 7.875%
APR 7.814% 7.814% 7.814% 7.814%
Points 0.875 0.875 0.875 0.875
Payment $3,242.99 $3,583.96 $3,583.96 $3,583.96
  Rate APR Points Payment
60 Months 6.750% 7.814% 0.875 $3,242.99
12 Months 7.875% 7.814% 0.875 $3,583.96
12 Months 7.875% 7.814% 0.875 $3,583.96
276 Months 7.875% 7.814% 0.875 $3,583.96