The Mortgage Capital Group

Untitled Document

ARM vs Fixed Rate Mortgage Calculator
This calculator that will help you to compare a fixed rate mortgage with both fully-amortizing and interest-only adjustable rate mortgages (ARMs).
Loan Information
Mortgage loan amount:
Mortgage loan term:
Expected adjustment (%):
Fixed Rate Mortgage
Fixed interest rate (%):
Fully Amortized Adjustable Rate Mortgage
Beginning interest rate (%):
Number of months before first rate adjustment:
Interest rate cap (%):
Interest-Only Adjustable Rate Mortgage
Beginning interest rate (%):
Number of months before first rate adjustment:
Interest rate cap (%):

Comparison Results	Fixed	ARM	Interest-Only ARM
Beginning monthly principal and interest payment:
Total monthly payments:
Total interest:
Maximum monthly payment:

The Mortgage Capital Group
982 Montauk Highway, Suite 3
Bayport, New York 11705
Phone: (631) 363-3720 | Fax: (631) 363-6426

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Registered Mortgage Brokers, NY and FL Banking Departments. All loans arranged through third party providers.This site is directed at, and made available to, persons in the United States only. TMCG only originates mortgage loans within the United States of America. TMCG may not be licensed in your state. We do not conduct business in states where we are not licensed.