About Refinance ARM Rates and Payments

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10/1 ARM

  120 Months 12 Months 12 Months 228 Months
Rate 5.750% 6.500% 6.500% 6.500%
APR 6.307% 6.307% 6.307% 6.307%
Points 0.875 0.875 0.875 0.875
Payment $2,917.88 $3,098.60 $3,098.60 $3,098.60
  Rate APR Points Payment
120 Months 5.750% 6.307% 0.875 $2,917.88
12 Months 6.500% 6.307% 0.875 $3,098.60
12 Months 6.500% 6.307% 0.875 $3,098.60
228 Months 6.500% 6.307% 0.875 $3,098.60

7/1 ARM

  84 Months 12 Months 12 Months 264 Months
Rate 5.750% 6.500% 6.500% 6.500%
APR 6.397% 6.397% 6.397% 6.397%
Points 0.625 0.625 0.625 0.625
Payment $2,917.88 $3,119.00 $3,119.00 $3,119.00
  Rate APR Points Payment
84 Months 5.750% 6.397% 0.625 $2,917.88
12 Months 6.500% 6.397% 0.625 $3,119.00
12 Months 6.500% 6.397% 0.625 $3,119.00
264 Months 6.500% 6.397% 0.625 $3,119.00

5/1 ARM

  60 Months 12 Months 12 Months 276 Months
Rate 5.375% 6.500% 6.500% 6.500%
APR 6.348% 6.348% 6.348% 6.348%
Points 0.750 0.750 0.750 0.750
Payment $2,799.87 $3,116.30 $3,116.30 $3,116.30
  Rate APR Points Payment
60 Months 5.375% 6.348% 0.750 $2,799.87
12 Months 6.500% 6.348% 0.750 $3,116.30
12 Months 6.500% 6.348% 0.750 $3,116.30
276 Months 6.500% 6.348% 0.750 $3,116.30