About ARM Rates and Payments


10/1 ARM

  120 Months 12 Months 12 Months 228 Months
Rate 6.875% 7.875% 7.875% 7.875%
APR 7.601% 7.601% 7.601% 7.601%
Points 1.000 1.000 1.000 1.000
Payment $3,284.66 $3,545.00 $3,545.00 $3,545.00
  Rate APR Points Payment
120 Months 6.875% 7.601% 1.000 $3,284.66
12 Months 7.875% 7.601% 1.000 $3,545.00
12 Months 7.875% 7.601% 1.000 $3,545.00
228 Months 7.875% 7.601% 1.000 $3,545.00

7/1 ARM

  84 Months 12 Months 12 Months 264 Months
Rate 6.750% 7.875% 7.875% 7.875%
APR 7.684% 7.684% 7.684% 7.684%
Points 1.000 1.000 1.000 1.000
Payment $3,242.99 $3,565.14 $3,565.14 $3,565.14
  Rate APR Points Payment
84 Months 6.750% 7.684% 1.000 $3,242.99
12 Months 7.875% 7.684% 1.000 $3,565.14
12 Months 7.875% 7.684% 1.000 $3,565.14
264 Months 7.875% 7.684% 1.000 $3,565.14

5/1 ARM

  60 Months 12 Months 12 Months 276 Months
Rate 6.625% 7.875% 7.875% 7.875%
APR 7.759% 7.759% 7.759% 7.759%
Points 0.875 0.875 0.875 0.875
Payment $3,201.54 $3,578.95 $3,578.95 $3,578.95
  Rate APR Points Payment
60 Months 6.625% 7.759% 0.875 $3,201.54
12 Months 7.875% 7.759% 0.875 $3,578.95
12 Months 7.875% 7.759% 0.875 $3,578.95
276 Months 7.875% 7.759% 0.875 $3,578.95