Adjustable vs. Fixed-Rate Payment Calculator

Deciding which mortgage is best for you? Compare the monthly payments of a fixed-rate mortgage and an ARM.

Current Mortgage rates

Mortgage Loan Rates
TermRates As Low AsAPR‍1Monthly Payment‍1
3/3 ARM5.850%6.747%$589.94
5/3 ARM6.240%6.594%$615.07
7/3 ARM6.590%6.715%$638.00
8-year fixed / Rapid Refi6.115%6.251%$1,319.75
10-year fixed / Rapid Refi6.215%6.326%$1,121.03
12-year fixed / Rapid Refi6.315%6.411%$992.23
30-year fixed6.500%6.553%$632.07
20-year fixed6.125%6.193%$723.66
15-year fixed5.750%5.834%$830.41
Accurate as of 07/05/2025