About ARM Rates and Payments


10/1 ARM

  120 Months 12 Months 12 Months 228 Months
Rate 5.625% 6.250% 6.250% 6.250%
APR 6.108% 6.108% 6.108% 6.108%
Points 0.625 0.625 0.625 0.625
Payment $2,878.28 $3,027.21 $3,027.21 $3,027.21
  Rate APR Points Payment
120 Months 5.625% 6.108% 0.625 $2,878.28
12 Months 6.250% 6.108% 0.625 $3,027.21
12 Months 6.250% 6.108% 0.625 $3,027.21
228 Months 6.250% 6.108% 0.625 $3,027.21

7/1 ARM

  84 Months 12 Months 12 Months 264 Months
Rate 5.500% 6.250% 6.250% 6.250%
APR 6.162% 6.162% 6.162% 6.162%
Points 0.875 0.875 0.875 0.875
Payment $2,838.93 $3,036.95 $3,036.95 $3,036.95
  Rate APR Points Payment
84 Months 5.500% 6.162% 0.875 $2,838.93
12 Months 6.250% 6.162% 0.875 $3,036.95
12 Months 6.250% 6.162% 0.875 $3,036.95
264 Months 6.250% 6.162% 0.875 $3,036.95

5/1 ARM

  60 Months 12 Months 12 Months 276 Months
Rate 5.125% 6.250% 6.250% 6.250%
APR 6.113% 6.113% 6.113% 6.113%
Points 1.000 1.000 1.000 1.000
Payment $2,722.42 $3,034.15 $3,034.15 $3,034.15
  Rate APR Points Payment
60 Months 5.125% 6.113% 1.000 $2,722.42
12 Months 6.250% 6.113% 1.000 $3,034.15
12 Months 6.250% 6.113% 1.000 $3,034.15
276 Months 6.250% 6.113% 1.000 $3,034.15