MORTGAGE CALCULATOR: FIXED VS. ADJUSTABLE RATE
It can be difficult to decide between a fixed-rate mortgage and one with an adjustable rate. Factors such as loan duration, the index used by the lender, the number and timing of rate adjustments, and your assumption about the increase or decrease of future interest rates all have an impact. Use this calculator to help compare the total cost of each alternative.
Copyright © 2013 Microsoft. All rights reserved.
Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.
Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.