About ARM Rates and Payments


10/1 ARM

  120 Months 12 Months 12 Months 228 Months
Rate 5.750% 2.750% 2.750% 2.750%
APR 4.907% 4.907% 4.907% 4.907%
Points 1.000 1.000 1.000 1.000
Payment $2,917.88 $2,253.25 $2,253.25 $2,253.25
  Rate APR Points Payment
120 Months 5.750% 4.907% 1.000 $2,917.88
12 Months 2.750% 4.907% 1.000 $2,253.25
12 Months 2.750% 4.907% 1.000 $2,253.25
228 Months 2.750% 4.907% 1.000 $2,253.25

7/1 ARM

  84 Months 12 Months 12 Months 264 Months
Rate 5.750% 2.750% 2.750% 2.750%
APR 4.394% 4.394% 4.394% 4.394%
Points 0.750 0.750 0.750 0.750
Payment $2,917.88 $2,183.11 $2,183.11 $2,183.11
  Rate APR Points Payment
84 Months 5.750% 4.394% 0.750 $2,917.88
12 Months 2.750% 4.394% 0.750 $2,183.11
12 Months 2.750% 4.394% 0.750 $2,183.11
264 Months 2.750% 4.394% 0.750 $2,183.11

5/1 ARM

  60 Months 12 Months 12 Months 276 Months
Rate 5.375% 2.750% 2.750% 2.750%
APR 3.858% 3.858% 3.858% 3.858%
Points 0.750 0.750 0.750 0.750
Payment $2,799.87 $2,129.10 $2,129.10 $2,129.10
  Rate APR Points Payment
60 Months 5.375% 3.858% 0.750 $2,799.87
12 Months 2.750% 3.858% 0.750 $2,129.10
12 Months 2.750% 3.858% 0.750 $2,129.10
276 Months 2.750% 3.858% 0.750 $2,129.10