Should I take out a fixed or adjustable rate mortgage?
It is a difficult decision to decide between a fixed and an adjustable rate mortgage. Factors such as loan duration, the index used by the lender, the number and timing of rate adjustments, and your assumption about the increase/decrease of future interest rates all have an impact. Use this calculator to help compare the total cost of each alternative.
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Borrowing Guide
Mortgage Payment
- Should I take out a fixed or adjustable rate mortgage?
- Comprehensive mortgage calculator
- Adjustable rate mortgage calculator
- Compare mortgage terms (i.e. 15-year, 20-year, 30-year)
- Compare a "no-cost" versus traditional mortgage
Rent vs. Buy
Refinancing
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