Mortgage Comparison Calculator
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Use Our Mortgage Comparison Calculator to Find the Right Mortgage for You

Our calculator allows you to easily compare a fixed-rate mortgage loan to two different types of adjustable-rate mortgage loans (ARM) – a fully amortizing ARM and an interest-only ARM. The major difference between a fixed-rate mortgage and an ARM is that a fixed-rate mortgage has a constant payment for the entire life of the loan as opposed to an ARM, which has a rate that may vary, causing monthly payments to increase or decrease. The calculator will compare the monthly payment of each type of mortgage loan.


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When does an ARM make sense?

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