About Refinance ARM Rates and Payments


10/1 ARM

  120 Months 12 Months 12 Months 228 Months
Rate 7.125% 7.500% 7.500% 7.500%
APR 7.575% 7.575% 7.575% 7.575%
Points 0.250 0.250 0.250 0.250
Payment $3,368.59 $3,466.59 $3,466.59 $3,466.59
  Rate APR Points Payment
120 Months 7.125% 7.575% 0.250 $3,368.59
12 Months 7.500% 7.575% 0.250 $3,466.59
12 Months 7.500% 7.575% 0.250 $3,466.59
228 Months 7.500% 7.575% 0.250 $3,466.59

7/1 ARM

  84 Months 12 Months 12 Months 264 Months
Rate 6.875% 7.500% 7.500% 7.500%
APR 7.503% 7.503% 7.503% 7.503%
Points 0.375 0.375 0.375 0.375
Payment $3,284.66 $3,463.13 $3,463.13 $3,463.13
  Rate APR Points Payment
84 Months 6.875% 7.503% 0.375 $3,284.66
12 Months 7.500% 7.503% 0.375 $3,463.13
12 Months 7.500% 7.503% 0.375 $3,463.13
264 Months 7.500% 7.503% 0.375 $3,463.13

5/1 ARM

  60 Months 12 Months 12 Months 276 Months
Rate 6.750% 7.500% 7.500% 7.500%
APR 7.529% 7.529% 7.529% 7.529%
Points 0.375 0.375 0.375 0.375
Payment $3,242.99 $3,468.67 $3,468.67 $3,468.67
  Rate APR Points Payment
60 Months 6.750% 7.529% 0.375 $3,242.99
12 Months 7.500% 7.529% 0.375 $3,468.67
12 Months 7.500% 7.529% 0.375 $3,468.67
276 Months 7.500% 7.529% 0.375 $3,468.67