About ARM Rates and Payments


10/1 ARM

  120 Months 12 Months 12 Months 228 Months
Rate 6.125% 6.625% 6.625% 6.625%
APR 6.628% 6.628% 6.628% 6.628%
Points 1.000 1.000 1.000 1.000
Payment $3,038.07 $3,160.99 $3,160.99 $3,160.99
  Rate APR Points Payment
120 Months 6.125% 6.628% 1.000 $3,038.07
12 Months 6.625% 6.628% 1.000 $3,160.99
12 Months 6.625% 6.628% 1.000 $3,160.99
228 Months 6.625% 6.628% 1.000 $3,160.99

7/1 ARM

  84 Months 12 Months 12 Months 264 Months
Rate 6.125% 6.625% 6.625% 6.625%
APR 6.667% 6.667% 6.667% 6.667%
Points 0.625 0.625 0.625 0.625
Payment $3,038.07 $3,174.49 $3,174.49 $3,174.49
  Rate APR Points Payment
84 Months 6.125% 6.667% 0.625 $3,038.07
12 Months 6.625% 6.667% 0.625 $3,174.49
12 Months 6.625% 6.667% 0.625 $3,174.49
264 Months 6.625% 6.667% 0.625 $3,174.49

5/1 ARM

  60 Months 12 Months 12 Months 276 Months
Rate 5.500% 6.625% 6.625% 6.625%
APR 6.492% 6.492% 6.492% 6.492%
Points 0.875 0.875 0.875 0.875
Payment $2,838.93 $3,157.70 $3,157.70 $3,157.70
  Rate APR Points Payment
60 Months 5.500% 6.492% 0.875 $2,838.93
12 Months 6.625% 6.492% 0.875 $3,157.70
12 Months 6.625% 6.492% 0.875 $3,157.70
276 Months 6.625% 6.492% 0.875 $3,157.70