About Refinance ARM Rates and Payments

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10/1 ARM

  120 Months 12 Months 12 Months 228 Months
Rate 5.625% 6.375% 6.375% 6.375%
APR 6.189% 6.189% 6.189% 6.189%
Points 1.000 1.000 1.000 1.000
Payment $2,878.28 $3,057.47 $3,057.47 $3,057.47
  Rate APR Points Payment
120 Months 5.625% 6.189% 1.000 $2,878.28
12 Months 6.375% 6.189% 1.000 $3,057.47
12 Months 6.375% 6.189% 1.000 $3,057.47
228 Months 6.375% 6.189% 1.000 $3,057.47

7/1 ARM

  84 Months 12 Months 12 Months 264 Months
Rate 5.625% 6.375% 6.375% 6.375%
APR 6.279% 6.279% 6.279% 6.279%
Points 0.750 0.750 0.750 0.750
Payment $2,878.28 $3,077.86 $3,077.86 $3,077.86
  Rate APR Points Payment
84 Months 5.625% 6.279% 0.750 $2,878.28
12 Months 6.375% 6.279% 0.750 $3,077.86
12 Months 6.375% 6.279% 0.750 $3,077.86
264 Months 6.375% 6.279% 0.750 $3,077.86

5/1 ARM

  60 Months 12 Months 12 Months 276 Months
Rate 5.375% 6.375% 6.375% 6.375%
APR 6.245% 6.245% 6.245% 6.245%
Points 0.500 0.500 0.500 0.500
Payment $2,799.87 $3,080.33 $3,080.33 $3,080.33
  Rate APR Points Payment
60 Months 5.375% 6.245% 0.500 $2,799.87
12 Months 6.375% 6.245% 0.500 $3,080.33
12 Months 6.375% 6.245% 0.500 $3,080.33
276 Months 6.375% 6.245% 0.500 $3,080.33