ARM vs. Fixed Rate Mortgage Calculator
Which is better: a fixed or adjustable rate mortgage?
Are you planning to stay in a home long-term? Or is your home purchase temporary? It’s important to consider the time you plan to spend in your home when deciding whether to opt-in to a fixed or adjustable rate mortgage (ARM).
The below calculator can help you compare a potential fixed rate mortgage payment vs. and adjustable rate (ARM) mortgage to find out which is right for you, based on your intentions.
This calculator is being provided for educational purposes only. The results are estimates based on information you provided and may not reflect CrossCountry Mortgage, Inc. product terms. The information cannot be used by CrossCountry Mortgage, Inc. to determine a customer's eligibility for a specific product or service. All financial calculators are provided by a third-party and CrossCountry Mortgage, Inc. is not responsible for the results or the accuracy of the information.