Adjustable or Fixed Mortgage Rate Calculator Home Loan Calculators by Bankrate.com

Mortgage calculator

Fixed vs. adjustable rate mortgage?

Fixed or adjustable-rate mortgage? Find out which is right for you. Note, with a
fixed-rate mortgage (FRM), monthly payments will be steady, while with an
adjustable-rate mortgage (ARM), payments will vary over time.

Adjustable-rate mortgages typically have an initial fixed rate lower than that of a
comparable fixed-rate mortgage. The initial fixed-rate period is followed by
adjustment intervals.

How long do you expect to stay in your next home?
Consider possible relocation for a job and lifestyle changes, such as a growing
family, downsizing of home, etc..

Enter number of years:

(Minimum: 1)

Compare Mortgage Rates

Zip code:

Product:

30 yr fixed average
3.73%

About our rates

About this index

Mortgage Overnight Averages

Product	Rate	+/-	Last week
30 yr fixed mtg	3.73%		3.65%
15 yr fixed mtg	2.85%		2.79%
5/1 ARM	2.60%		2.59%
30 yr fixed mtg refi	3.72%		3.64%

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