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
| Term | Rates As Low As | APR1 | Monthly Payment1 |
|---|---|---|---|
| 3/3 ARM | 5.750% | 6.641% | $583.57 |
| 5/3 ARM | 6.240% | 6.530% | $615.07 |
| 7/3 ARM | 6.590% | 6.667% | $638.00 |
| 8-year fixed / Rapid Refi | 5.990% | 6.157% | $1,313.66 |
| 10-year fixed / Rapid Refi | 6.090% | 6.226% | $1,114.73 |
| 12-year fixed / Rapid Refi | 6.190% | 6.307% | $985.71 |
| 30-year fixed | 6.375% | 6.433% | $623.87 |
| 20-year fixed | 6.125% | 6.201% | $723.66 |
| 15-year fixed | 5.750% | 5.845% | $830.41 |
| Accurate as of 08/23/2025 | |||