About Refinance ARM Rates and Payments

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10/1 ARM

  120 Months 12 Months 12 Months 228 Months
Rate 6.125% 6.500% 6.500% 6.500%
APR 6.581% 6.581% 6.581% 6.581%
Points 1.000 1.000 1.000 1.000
Payment $3,038.07 $3,130.04 $3,130.04 $3,130.04
  Rate APR Points Payment
120 Months 6.125% 6.581% 1.000 $3,038.07
12 Months 6.500% 6.581% 1.000 $3,130.04
12 Months 6.500% 6.581% 1.000 $3,130.04
228 Months 6.500% 6.581% 1.000 $3,130.04

7/1 ARM

  84 Months 12 Months 12 Months 264 Months
Rate 6.125% 6.500% 6.500% 6.500%
APR 6.614% 6.614% 6.614% 6.614%
Points 0.750 0.750 0.750 0.750
Payment $3,038.07 $3,140.13 $3,140.13 $3,140.13
  Rate APR Points Payment
84 Months 6.125% 6.614% 0.750 $3,038.07
12 Months 6.500% 6.614% 0.750 $3,140.13
12 Months 6.500% 6.614% 0.750 $3,140.13
264 Months 6.500% 6.614% 0.750 $3,140.13

5/1 ARM

  60 Months 12 Months 12 Months 276 Months
Rate 5.625% 6.500% 6.500% 6.500%
APR 6.451% 6.451% 6.451% 6.451%
Points 0.750 0.750 0.750 0.750
Payment $2,878.28 $3,126.65 $3,126.65 $3,126.65
  Rate APR Points Payment
60 Months 5.625% 6.451% 0.750 $2,878.28
12 Months 6.500% 6.451% 0.750 $3,126.65
12 Months 6.500% 6.451% 0.750 $3,126.65
276 Months 6.500% 6.451% 0.750 $3,126.65