How much higher will your rate go?
Do you know what your new mortgage payment will be when
your rate adjusts? Use this calculator to find out what your payment would be if
your rate was to adjust today.
First, find the original paperwork you recieved at closing. You'll need those documents
to see which index your rate was based on. Click here for examples of what these
documents look like and how to find the index on your documents. Can't find your
paperwork? Call your lender at the phone number on your account statement and ask.