ARM vs. Fixed Rate Mortgage Calculator

Our adjustable-rate mortgage (ARM) vs fixed-rate mortgage calculator compares a fixed-rate mortgage to two types of ARMs: a Fully Amortizing ARM and an Interest Only ARM. Using this tool can help you decide which one is best for you.

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How to Use This Calculator

Here's a brief explanation of the key terms we use with our calculator.

Loan Amount The total amount of money that you are borrowing to purchase the home.

Interest Rate The annual interest rate on the mortgage. In a fixed-rate mortgage, this rate remains constant throughout the loan term and is not subject to market changes.

Loan Term The number of years over which the mortgage is repaid. Common terms include 15, 20, and 30 years. We offer all three at Suncoast.

ARM vs. Fixed Rate Mortgages

This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations, and financial situation. The calculations do not infer that the company assumes any fiduciary duties. The calculations provided should not be construed as financial, legal, or tax advice. In addition, such information should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.