Adjustable Rate Comparison
This will compare an adjustable rate mortgage against a fixed rate mortgage to determine when the savings from
the ARM will be exhausted in an effort to help the buyer determine the mortgage that will provide the least
cost of housing. It assumes that the rate will adjust the maximum amount at each possible period.
This is not an offer of credit but is a general illustration of typical mortgage terms and concepts. Greg Shepard and Jack White Real Estate are not mortgage lenders. You should contact a specific lender to learn more about its mortgage products and your eligibility for such products. License: AK.18135