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TimeValue Software
22 Mauchly
Irvine, CA 92618
(949) 727 - 1800
FAX (949) 727 - 3268

info@timevalue.com

TCalc™ Financial Calculators


How much will my adjustable rate mortgage payments be?

This calculator computes the estimated payments and interest for an adjustable rate loan, where the rate increases by the maximum amount allowed at each interval until it reaches the rate cap.


Home price

Down payment

%$

Loan term

MonthsYears

Beginning interest rate

Rate cap (Life rate cap)

Maximum amount the rate will increase at the first interval

Maximum amount the rate will increase at each subsequent interval

Number of months before the first rate increase

Number of months between subsequent rate increases

Show payment schedule


Your initial payment will be $1,296.72.

Financial Details

Home price

$350,000.00

Down payment

20.000 %

Beginning payment

$1,296.72

Beginning interest rate

3.750 %

Interest compounding

Monthly

Total amount financed

$280,000.00

Total payments

$650,588.70

Total finance charge

$370,588.70

APR

6.355 %

Calculator tips

The APR calculation above does not include the effects of points, fees, or private mortage insurance (PMI).

Calculator disclaimer

The information provided by these calculators is for illustrative purposes only. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. The calculated results are intended for illustrative purposes only and accuracy is not guaranteed.

Presented by TimeValue Software ©2008

Adjustable Rate Mortgage - ARM Payment Calculator

TimeValue Software offers the best adjustable rate mortgage payment calculator available online. Register the ARM calculator for use on your website and begin creating ARM payment tables right from your website. Our online calculators integrate right into your existing website automatically. Customize your calculators with the style and look of your site while promoting your own products and services. Add a contact form, and use the calculators as an online lead generator.

Interested in adding financial calculators to your website?

Or give us a call at (800) 426 - 4741. We will show you how calculators are being used in a website for a business similar to yours.

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