Computing...

Input interpretation:

adjustable rate mortgage


Monthly payments:

initial monthly payment | $887\nscenario | low payment | median payment | high payment | effective interest rate\nlow-rate | $887 | $982 | $1097 | 4.225%\nmedium-rate | $887 | $1184 | $1320 | 5.384%\nhigh-rate | $887 | $1412 | $1415 | 6.330%\n(each scenario represents a different predictive outcome for future interest rates over the life of the loan)

Source information
Contact Pro Premium Expert Support