Adjustable Mortgage Calculator

Loan details

Home price

Down payment

20.0% of home price · 80% LTV

Interest rate

Fixed for the life of the loan

Loan term 30 years · 360 payments

Extra monthly principal

Optional — reduces interest and shortens the loan

Adjustable rate

Off

Turn on to add scheduled resets after a fixed period, limited by initial, periodic, and lifetime caps.

Fixed periodbefore first reset

Adjustment frequency

Index rate

Margin

Index change / yr

Initial cap

Periodic cap

Lifetime cap

Fully indexed rate today: 7.25% · resets limited to +2.00% first, +1.00% per period, +5.00% lifetime.

Taxes, insurance & fees

$0/mo

Property tax / yr

Home insurance / yr

HOA / mo

PMI rate / yr

PMI applies automatically when the down payment is under 20% and drops once the balance falls below 80% of the price.

How resets work

Fixed period. Your start rate holds for the first 5 years.
Reset. The rate becomes index + margin, then initial, periodic, and lifetime caps apply.
New payment. The balance is re-amortized over the remaining loan term.

Estimated monthly payment

$0/mo

$0per month

Balance & interest

Remaining balance Cumulative interest

Amortization schedule