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.

Today’s mortgage rates

Mortgage Loan Rates
TermRates As Low AsAPR‍1Monthly Payment‍1
3/3 ARM5.850%6.743%$589.94
5/3 ARM6.240%6.590%$615.07
7/3 ARM6.590%6.711%$638.00
8-year fixed / Rapid Refi6.115%6.240%$1,319.75
10-year fixed / Rapid Refi6.215%6.317%$1,121.03
12-year fixed / Rapid Refi6.315%6.403%$992.23
30-year fixed6.750%6.800%$648.60
20-year fixed6.625%6.690%$752.95
15-year fixed6.125%6.205%$850.62
Accurate as of 05/20/2025