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Option Arm Loans - Payment Example

 
1-Month Pay Option ARM vs. 5/1 Arm vs. 30 Year Fixed Rates
 

The following table illustrates an example comparison of mortgage payments and payment options for option arm loans versus other popular programs.  Depending on interest rates you may not have all four options available each month.

 
 
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Interest Only Loans
Option Arm Loans
Fixed Rates
 
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Interest Only
Fixed Rates

Amortization

 
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Refinance a Loan

Purchase a Home

Home Equity Lines