About ARM Rates and Payments

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10/1 ARM

  120 Months 12 Months 12 Months 228 Months
Rate 6.500% 6.750% 6.750% 6.750%
APR 6.926% 6.926% 6.926% 6.926%
Points 0.875 0.875 0.875 0.875
Payment $3,160.35 $3,223.03 $3,223.03 $3,223.03
  Rate APR Points Payment
120 Months 6.500% 6.926% 0.875 $3,160.35
12 Months 6.750% 6.926% 0.875 $3,223.03
12 Months 6.750% 6.926% 0.875 $3,223.03
228 Months 6.750% 6.926% 0.875 $3,223.03

7/1 ARM

  84 Months 12 Months 12 Months 264 Months
Rate 6.500% 6.750% 6.750% 6.750%
APR 6.951% 6.951% 6.951% 6.951%
Points 0.750 0.750 0.750 0.750
Payment $3,160.35 $3,229.72 $3,229.72 $3,229.72
  Rate APR Points Payment
84 Months 6.500% 6.951% 0.750 $3,160.35
12 Months 6.750% 6.951% 0.750 $3,229.72
12 Months 6.750% 6.951% 0.750 $3,229.72
264 Months 6.750% 6.951% 0.750 $3,229.72

5/1 ARM

  60 Months 12 Months 12 Months 276 Months
Rate 6.125% 6.750% 6.750% 6.750%
APR 6.784% 6.784% 6.784% 6.784%
Points 0.375 0.375 0.375 0.375
Payment $3,038.07 $3,219.54 $3,219.54 $3,219.54
  Rate APR Points Payment
60 Months 6.125% 6.784% 0.375 $3,038.07
12 Months 6.750% 6.784% 0.375 $3,219.54
12 Months 6.750% 6.784% 0.375 $3,219.54
276 Months 6.750% 6.784% 0.375 $3,219.54