About Refinance ARM Rates and Payments

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10/1 ARM

  120 Months 12 Months 12 Months 228 Months
Rate 6.125% 6.625% 6.625% 6.625%
APR 6.628% 6.628% 6.628% 6.628%
Points 1.000 1.000 1.000 1.000
Payment $3,038.07 $3,160.99 $3,160.99 $3,160.99
  Rate APR Points Payment
120 Months 6.125% 6.628% 1.000 $3,038.07
12 Months 6.625% 6.628% 1.000 $3,160.99
12 Months 6.625% 6.628% 1.000 $3,160.99
228 Months 6.625% 6.628% 1.000 $3,160.99

7/1 ARM

  84 Months 12 Months 12 Months 264 Months
Rate 6.125% 6.625% 6.625% 6.625%
APR 6.667% 6.667% 6.667% 6.667%
Points 0.625 0.625 0.625 0.625
Payment $3,038.07 $3,174.49 $3,174.49 $3,174.49
  Rate APR Points Payment
84 Months 6.125% 6.667% 0.625 $3,038.07
12 Months 6.625% 6.667% 0.625 $3,174.49
12 Months 6.625% 6.667% 0.625 $3,174.49
264 Months 6.625% 6.667% 0.625 $3,174.49

5/1 ARM

  60 Months 12 Months 12 Months 276 Months
Rate 5.625% 6.625% 6.625% 6.625%
APR 6.532% 6.532% 6.532% 6.532%
Points 0.750 0.750 0.750 0.750
Payment $2,878.28 $3,162.89 $3,162.89 $3,162.89
  Rate APR Points Payment
60 Months 5.625% 6.532% 0.750 $2,878.28
12 Months 6.625% 6.532% 0.750 $3,162.89
12 Months 6.625% 6.532% 0.750 $3,162.89
276 Months 6.625% 6.532% 0.750 $3,162.89