Fixed vs. Adjustable-Rate Mortgage

Should you apply for a fixed-rate or an adjustable-rate mortgage? Factors such as loan duration, the index and margin used to set your rate, how often your rate can change, and your assumption about the future of interest rates all have an impact. Use this calculator to help determine what might be right for you.

  • Calculator Introduction

    Should you apply for a fixed-rate or an adjustable-rate mortgage? Factors such as loan duration, the index and margin used to set your rate, how often your rate can change, and your assumption about the future of interest rates all have an impact. Use this calculator to help determine what might be right for you.

  Fixed-Rate Loan (0% - 40%) Adjustable-Rate Loan (0% - 40%)
(Initial annual interest rate)
Number of Years