About ARM Rates and Payments


10/1 ARM

  120 Months 12 Months 12 Months 228 Months
Rate 6.125% 6.750% 6.750% 6.750%
APR 6.633% 6.633% 6.633% 6.633%
Points 0.625 0.625 0.625 0.625
Payment $3,038.07 $3,192.12 $3,192.12 $3,192.12
  Rate APR Points Payment
120 Months 6.125% 6.633% 0.625 $3,038.07
12 Months 6.750% 6.633% 0.625 $3,192.12
12 Months 6.750% 6.633% 0.625 $3,192.12
228 Months 6.750% 6.633% 0.625 $3,192.12

7/1 ARM

  84 Months 12 Months 12 Months 264 Months
Rate 6.000% 6.750% 6.750% 6.750%
APR 6.673% 6.673% 6.673% 6.673%
Points 0.750 0.750 0.750 0.750
Payment $2,997.75 $3,201.98 $3,201.98 $3,201.98
  Rate APR Points Payment
84 Months 6.000% 6.673% 0.750 $2,997.75
12 Months 6.750% 6.673% 0.750 $3,201.98
12 Months 6.750% 6.673% 0.750 $3,201.98
264 Months 6.750% 6.673% 0.750 $3,201.98

5/1 ARM

  60 Months 12 Months 12 Months 276 Months
Rate 5.500% 6.750% 6.750% 6.750%
APR 6.583% 6.583% 6.583% 6.583%
Points 1.000 1.000 1.000 1.000
Payment $2,838.93 $3,194.11 $3,194.11 $3,194.11
  Rate APR Points Payment
60 Months 5.500% 6.583% 1.000 $2,838.93
12 Months 6.750% 6.583% 1.000 $3,194.11
12 Months 6.750% 6.583% 1.000 $3,194.11
276 Months 6.750% 6.583% 1.000 $3,194.11