Option ARM Calculator

Explore payment options for an Option ARM including minimum payment, interest-only, and fully amortized options.

Loan Details

$
30 years
15 years30 years
%
%
75 %
50 %100 %

Payment Options

Minimum Payment$1,207.85
Interest-Only Payment$1,750.00
30-Year Amortized$1,610.46
15-Year Amortized$2,696.48

Risk Assessment

Negative Amortization RiskYes

Warning: Minimum payment is less than interest-only payment. Your loan balance will increase over time.