About ARM Rates and Payments


10/1 ARM

  120 Months 12 Months 12 Months 228 Months
Rate 6.000% 6.375% 6.375% 6.375%
APR 6.424% 6.424% 6.424% 6.424%
Points 0.750 0.750 0.750 0.750
Payment $2,997.75 $3,088.98 $3,088.98 $3,088.98
  Rate APR Points Payment
120 Months 6.000% 6.424% 0.750 $2,997.75
12 Months 6.375% 6.424% 0.750 $3,088.98
12 Months 6.375% 6.424% 0.750 $3,088.98
228 Months 6.375% 6.424% 0.750 $3,088.98

7/1 ARM

  84 Months 12 Months 12 Months 264 Months
Rate 5.875% 6.375% 6.375% 6.375%
APR 6.426% 6.426% 6.426% 6.426%
Points 0.875 0.875 0.875 0.875
Payment $2,957.68 $3,092.10 $3,092.10 $3,092.10
  Rate APR Points Payment
84 Months 5.875% 6.426% 0.875 $2,957.68
12 Months 6.375% 6.426% 0.875 $3,092.10
12 Months 6.375% 6.426% 0.875 $3,092.10
264 Months 6.375% 6.426% 0.875 $3,092.10

5/1 ARM

  60 Months 12 Months 12 Months 276 Months
Rate 5.500% 6.375% 6.375% 6.375%
APR 6.320% 6.320% 6.320% 6.320%
Points 0.750 0.750 0.750 0.750
Payment $2,838.93 $3,085.50 $3,085.50 $3,085.50
  Rate APR Points Payment
60 Months 5.500% 6.320% 0.750 $2,838.93
12 Months 6.375% 6.320% 0.750 $3,085.50
12 Months 6.375% 6.320% 0.750 $3,085.50
276 Months 6.375% 6.320% 0.750 $3,085.50