Adjustable Rate Mortgage (ARM) Calculator

https://www.vertex42.com/ExcelTemplates/arm-calculator.html © 2005-2018 Vertex42 LLC

$7,000,000 Loan Balance

Loan Information
Cumulative Principal
$6,000,000 Cumulative Interest
Loan amount 5,000,000.00
Term (years) 20 $5,000,000
Starting interest rate 9.500% $4,000,000
First payment date 12/1/2015
$3,000,000
Starting monthly payment 46,606.56 $2,000,000
.
Rate Adjustments $1,000,000
Month
$-
Rate remains fixed for 0 years 0 100 200 300 400 500 600
Months between adjustments 3

In t e re s t R a t e
Expected adjustment 0.250%
Interest rate cap 12.000% {42}

10% Interest Rate History

Summary 10%
Est. Max rate 12.00% 9%
Est. Max monthly payment 46,907.96 9%
Month
Total payments ### 8%
0 100 200 300 400 500 600
Total interest 6,593,832.62
Internal Rate of Return 9.20%

Amortization Schedule [42]

Payment Cumulative Cumulative

No. Date Interest Rate Payment Due Extra Payment Interest Principal Balance Interest Principal
9.500% ($5,000,000.00) $ 5,000,000
#NAME? #NAME? 9.500% #NAME? 0.00 #NAME? #NAME? #NAME? 39,583.33 7,023.23
#NAME? #NAME? 9.500% #NAME? #NAME? #NAME? #NAME? 79,111.06 14,102.06
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 118,582.75 21,236.93
#NAME? #NAME? 9.500% #NAME? #NAME? #NAME? #NAME? 157,997.96 28,428.28
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 197,356.24 35,676.56
#NAME? #NAME? 9.500% #NAME? #NAME? #NAME? #NAME? 236,657.13 42,982.23
#NAME? #NAME? 9.500% #NAME? #NAME? #NAME? #NAME? 275,900.19 50,345.73
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 315,084.95 57,767.53
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 354,210.96 65,248.08
#NAME? #NAME? 9.500% #NAME? #NAME? #NAME? #NAME? 393,277.75 72,787.85
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 432,284.85 80,387.31
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 471,231.78 88,046.94
#NAME? #NAME? 9.500% #NAME? #NAME? #NAME? #NAME? 510,118.08 95,767.20
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 548,943.26 103,548.58
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 587,706.83 111,391.57
#NAME? #NAME? 9.350% #NAME? #NAME? #NAME? #NAME? 625,797.24 119,438.51
#NAME? #NAME? 8.600% #NAME? #NAME? #NAME? #NAME? 660,774.60 128,291.09
#NAME? #NAME? 8.500% #NAME? #NAME? #NAME? #NAME? 695,282.54 137,310.44
#NAME? #NAME? 8.500% #NAME? #NAME? #NAME? #NAME? 729,726.59 146,393.68
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 764,106.30 155,541.26
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 798,421.22 164,753.63
#NAME? #NAME? 8.500% #NAME? #NAME? #NAME? #NAME? 832,670.88 174,031.26
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 866,854.83 183,374.60
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 900,972.59 192,784.13
#NAME? #NAME? 8.500% #NAME? #NAME? #NAME? #NAME? 935,023.70 202,260.31
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 969,007.69 211,803.61
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 1,002,924.08 221,414.51
#NAME? #NAME? 8.500% #NAME? #NAME? #NAME? #NAME? 1,036,772.39 231,093.49
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 1,070,552.14 240,841.03
#NAME? #NAME? 8.700% #NAME? #NAME? #NAME? #NAME? 1,105,056.04 250,447.83
#NAME? #NAME? 8.700% #NAME? #NAME? #NAME? #NAME? 1,139,490.29 260,124.28
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 1,173,854.39 269,870.88
#NAME? #NAME? 9.000% #NAME? #NAME? #NAME? #NAME? 1,209,330.36 279,378.80
#NAME? #NAME? 9.000% #NAME? #NAME? #NAME? #NAME? 1,244,735.02 288,958.03
#NAME? #NAME? 9.000% #NAME? #NAME? #NAME? #NAME? 1,280,067.83 298,609.11
#NAME? #NAME? 9.100% #NAME? #NAME? #NAME? #NAME? 1,315,720.04 308,230.71
#NAME? #NAME? 9.100% #NAME? #NAME? #NAME? #NAME? 1,351,299.29 317,925.27
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 1,386,805.02 327,693.35
#NAME? #NAME? 9.200% #NAME? 497,367.00 #NAME? #NAME? #NAME? 1,422,626.04 834,800.98

© 2005 Vertex42 LLC https://www.vertex42.com/ExcelTemplates/arm-calculator.html 1 of 20

 Payment Cumulative Cumulative
No. Date Interest Rate Payment Due Extra Payment Interest Principal Balance Interest Principal
#NAME? #NAME? 9.200% #NAME? 4,438.35 #NAME? #NAME? #NAME? 1,454,559.23 852,867.79 50000
#NAME? #NAME? #NAME? #NAME? 4,438.35 #NAME? #NAME? #NAME? 1,486,353.91 871,073.11
#NAME? #NAME? #NAME? #NAME? 4,438.35 #NAME? #NAME? #NAME? 1,518,009.02 889,418.00
#NAME? #NAME? 9.200% #NAME? 4,438.35 #NAME? #NAME? #NAME? 1,549,523.48 907,903.54
#NAME? #NAME? #NAME? #NAME? 4,438.35 #NAME? #NAME? #NAME? 1,580,896.22 926,530.80
#NAME? #NAME? 9.100% #NAME? 10,013.75 #NAME? #NAME? #NAME? 1,611,786.69 945,640.33
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 1,643,376.91 954,557.72
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 1,674,897.65 963,544.59
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 1,706,348.37 972,601.48
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 1,738,567.56 981,507.56
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 1,770,715.50 990,484.89
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 1,802,791.62 999,534.04
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 1,835,628.78 1,008,437.41
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 1,868,392.86 1,017,413.86
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 1,901,083.25 1,026,464.00
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 1,934,527.18 1,035,373.30
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 1,967,896.12 1,044,357.59
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 2,001,189.44 1,053,417.50
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 2,035,228.71 1,062,341.44
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 2,069,191.02 1,071,342.34
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 2,103,075.69 1,080,420.88
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 2,137,698.64 1,089,368.23
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 2,172,242.55 1,098,394.62
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 2,206,706.73 1,107,500.74
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 2,241,901.41 1,116,480.39
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 2,277,014.90 1,125,541.23
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 2,312,046.46 1,134,684.00
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 2,347,800.63 1,143,704.97
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 2,383,471.36 1,152,809.38
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 2,419,057.87 1,161,998.01
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 2,455,358.97 1,171,069.48
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 2,491,574.27 1,180,226.75
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 2,527,702.96 1,189,470.63
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 2,564,538.08 1,198,601.95
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 2,601,284.93 1,207,821.54
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 2,637,942.66 1,217,130.25
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 2,675,298.50 1,226,331.01
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 2,712,563.48 1,235,622.63
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 2,749,736.71 1,245,006.00
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 2,787,286.65 1,254,364.02
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 2,824,743.01 1,263,815.62
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 2,862,104.85 1,273,361.74
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 2,899,371.23 1,283,003.32
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 2,936,541.20 1,292,741.31
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 2,973,613.79 1,302,576.68
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 3,010,588.02 1,312,510.41
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 3,047,462.92 1,322,543.47
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 3,084,237.49 1,332,676.86
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 3,120,910.72 1,342,911.59
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 3,157,481.60 1,353,248.67
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 3,193,949.11 1,363,689.12
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 3,230,312.22 1,374,233.97
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 3,266,569.88 1,384,884.27
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 3,302,721.04 1,395,641.07
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 3,338,764.63 1,406,505.44
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 3,374,699.58 1,417,478.45
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 3,410,524.80 1,428,561.19
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 3,446,239.19 1,439,754.76
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 3,481,841.64 1,451,060.27
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 3,517,331.04 1,462,478.83
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 3,552,706.25 1,474,011.58
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 3,587,966.13 1,485,659.66
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 3,623,109.53 1,497,424.22
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 3,658,135.29 1,509,306.42
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 3,693,042.23 1,521,307.44
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 3,727,829.16 1,533,428.47
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 3,762,494.88 1,545,670.71
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 3,797,038.17 1,558,035.38
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 3,831,457.82 1,570,523.69
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 3,865,752.58 1,583,136.89

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 Payment Cumulative Cumulative
No. Date Interest Rate Payment Due Extra Payment Interest Principal Balance Interest Principal
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 3,899,921.21 1,595,876.22
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 3,933,962.45 1,608,742.94
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 3,967,875.02 1,621,738.33
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,001,657.64 1,634,863.67
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,035,309.00 1,648,120.27
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,068,827.80 1,661,509.43
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,102,212.71 1,675,032.48
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,135,462.39 1,688,690.76
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,168,575.48 1,702,485.63
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,201,550.62 1,716,418.45
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,234,386.44 1,730,490.59
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,267,081.53 1,744,703.46
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,299,634.50 1,759,058.45
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,332,043.92 1,773,556.99
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,364,308.35 1,788,200.52
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,396,426.34 1,802,990.49
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,428,396.44 1,817,928.35
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,460,217.16 1,833,015.59
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,491,887.00 1,848,253.71
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,523,404.46 1,863,644.21
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,554,768.02 1,879,188.61
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,585,976.13 1,894,888.46
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,617,027.25 1,910,745.30
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,647,919.80 1,926,760.71
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,678,652.19 1,942,936.28
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,709,222.83 1,959,273.60
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,739,630.09 1,975,774.30
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,769,872.35 1,992,440.00
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,799,947.95 2,009,272.36
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,829,855.23 2,026,273.04
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,859,592.50 2,043,443.73
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,889,158.06 2,060,786.13
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,918,550.20 2,078,301.95
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,947,767.18 2,095,992.93
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,976,807.25 2,113,860.82
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,005,668.64 2,131,907.39
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,034,349.57 2,150,134.42
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,062,848.23 2,168,543.72
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,091,162.79 2,187,137.12
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,119,291.42 2,205,916.45
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,147,232.26 2,224,883.57
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,174,983.42 2,244,040.37
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,202,543.02 2,263,388.73
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,229,909.13 2,282,930.58
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,257,079.82 2,302,667.85
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,284,053.14 2,322,602.49
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,310,827.12 2,342,736.47
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,337,399.76 2,363,071.79
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,363,769.04 2,383,610.47
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,389,932.94 2,404,354.53
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,415,889.39 2,425,306.04
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,441,636.33 2,446,467.06
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,467,171.66 2,467,839.69
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,492,493.26 2,489,426.05
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,517,599.00 2,511,228.27
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,542,486.72 2,533,248.51
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,567,154.23 2,555,488.96
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,591,599.34 2,577,951.81
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,615,819.82 2,600,639.29
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,639,813.43 2,623,553.64
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,663,577.89 2,646,697.14
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,687,110.92 2,670,072.07
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,710,410.20 2,693,680.75
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,733,473.39 2,717,525.52
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,756,298.13 2,741,608.74
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,778,882.04 2,765,932.79
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,801,222.71 2,790,500.08
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,823,317.71 2,815,313.04
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,845,164.58 2,840,374.13
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,866,760.84 2,865,685.83

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 Payment Cumulative Cumulative
No. Date Interest Rate Payment Due Extra Payment Interest Principal Balance Interest Principal
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,888,103.98 2,891,250.65
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,909,191.47 2,917,071.12
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,930,020.76 2,943,149.79
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,950,589.26 2,969,489.25
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,970,894.37 2,996,092.10
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,990,933.45 3,022,960.98
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 6,010,703.84 3,050,098.55
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 6,030,202.85 3,077,507.50
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 6,049,427.78 3,105,190.53
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 6,068,375.87 3,133,150.40
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 6,087,044.37 3,161,389.86
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 6,105,430.47 3,189,911.72
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 6,123,531.35 3,218,718.80
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 6,141,344.16 3,247,813.95
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 6,158,866.02 3,277,200.05
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 6,176,094.02 3,306,880.01
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 6,193,025.22 3,336,856.77
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 6,209,656.65 3,367,133.30
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 6,225,985.32 3,397,712.59
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 6,242,008.19 3,428,597.68
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 6,257,722.21 3,459,791.62
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 6,273,124.29 3,491,297.50
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 6,288,211.32 3,523,118.43
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 6,302,980.14 3,555,257.57
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 6,317,427.56 3,587,718.11
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 6,331,550.38 3,620,503.25
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 6,345,345.35 3,653,616.24
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 6,358,809.19 3,687,060.36
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#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
-

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 Adjustable Rate Mortgage (ARM) Calculator
https://www.vertex42.com/ExcelTemplates/arm-calculator.html © 2005-2018 Vertex42 LLC

$160,000 Loan Balance

Loan Information
Cumulative Principal
$140,000
Cumulative Interest
Loan amount 150,000.00 $120,000
Term (years) 15
$100,000
Starting interest rate 6.500%
First payment date 1/1/2017 $80,000
$60,000
Starting monthly payment 1,306.66
$40,000
.
Rate Adjustments $20,000
Rate As Of … Month
$-
Start Rate 6.500% 1/1/2017 0 100 200 300 400 500 600
New Rates 6.000% 1/1/2020

In te re s t R a te
6.500% 6/1/2020
6.250% 1/1/2021 {42}

6.750% 6/1/2022
1200.00% Interest Rate History
1000.00%
800.00%
600.00%
400.00%
200.00% Month
0.00%
Summary 0 100 200 300 400 500 600
Est. Max monthly payment 1,317.95
Total payments 236,032.79
Total interest 86,032.79
Internal Rate of Return 6.53%

Amortization Schedule [42]

Payment Extra Cumulative Cumulative

No. Date Interest Rate Payment Due Payment Interest Principal Balance Interest Principal
6.500% ($150,000.00) $ 150,000
#NAME? #NAME? #NAME? 0.00 #NAME? #NAME? #NAME? 812.50 494.16
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 1,622.32 991.00
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 2,429.45 1,490.53
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 3,233.88 1,992.76
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,035.59 2,497.71
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 4,834.56 3,005.40
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 5,630.78 3,515.84
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 6,424.24 4,029.04
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 7,214.92 4,545.02
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 8,002.80 5,063.80
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 8,787.87 5,585.39
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 9,570.12 6,109.80
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 10,349.53 6,637.05
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 11,126.08 7,167.16
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 11,899.76 7,700.14
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 12,670.55 8,236.01
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 13,438.44 8,774.78
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 14,203.41 9,316.47
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 14,965.45 9,861.09
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 15,724.54 10,408.66
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 16,480.66 10,959.20
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 17,233.80 11,512.72
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 17,983.94 12,069.24
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 18,731.06 12,628.78
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 19,475.15 13,191.35

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 Payment Extra Cumulative Cumulative
No. Date Interest Rate Payment Due Payment Interest Principal Balance Interest Principal
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 20,216.20 13,756.96
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 20,954.18 14,325.64
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 21,689.08 14,897.40
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 22,420.89 15,472.25
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 23,149.58 16,050.22
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 23,875.14 16,631.32
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 24,597.55 17,215.57
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 25,316.80 17,802.98
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 26,032.87 18,393.57
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 26,745.74 18,987.36
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 27,455.39 19,584.37
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 28,107.47 20,204.95
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 28,756.45 20,828.63
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 29,402.31 21,455.43
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 30,045.03 22,085.37
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 30,684.60 22,718.46
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 31,374.04 23,334.65
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 32,060.14 23,954.18
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 32,742.89 24,577.06
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 33,422.26 25,203.32
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 34,098.24 25,832.97
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 34,770.81 26,466.03
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 35,439.95 27,102.52
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 36,080.04 27,752.23
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 36,716.75 28,405.32
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 37,350.06 29,061.81
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 37,979.95 29,721.72
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 38,606.40 30,385.07
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 39,229.39 31,051.88
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 39,848.91 31,722.16
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 40,464.94 32,395.93
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 41,077.46 33,073.21
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 41,686.45 33,754.02
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 42,291.90 34,438.37
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 42,893.78 35,126.29
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 43,492.08 35,817.79
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 44,086.78 36,512.89
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 44,677.86 37,211.61
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 45,265.30 37,913.97
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 45,849.08 38,619.99
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 46,475.59 39,311.43
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 47,098.21 40,006.76
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 47,716.92 40,706.00
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 48,331.70 41,409.17
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 48,942.52 42,116.30
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 49,549.37 42,827.40
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 50,152.22 43,542.50
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 50,751.04 44,261.63
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 51,345.82 44,984.80
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 51,936.53 45,712.04
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 52,523.15 46,443.37
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 53,105.66 47,178.81
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 53,684.03 47,918.39
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 54,258.24 48,662.13
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 54,828.27 49,410.05
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 55,394.09 50,162.18
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 55,955.68 50,918.54
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 56,513.01 51,679.16
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 57,066.06 52,444.06

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 Payment Extra Cumulative Cumulative
No. Date Interest Rate Payment Due Payment Interest Principal Balance Interest Principal
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 57,614.81 53,213.26
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 58,159.24 53,986.78
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 58,699.31 54,764.66
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 59,235.01 55,546.91
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 59,766.31 56,333.56
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 60,293.18 57,124.64
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 60,815.60 57,920.17
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 61,333.55 58,720.17
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 61,847.00 59,524.67
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 62,355.92 60,333.70
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 62,860.29 61,147.28
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 63,360.09 61,965.43
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 63,855.28 62,788.19
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 64,345.85 63,615.57
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 64,831.76 64,447.61
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 65,312.99 65,284.33
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 65,789.52 66,125.75
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 66,261.31 66,971.91
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 66,728.34 67,822.83
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 67,190.59 68,678.53
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 67,648.02 69,539.05
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 68,100.61 70,404.41
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 68,548.34 71,274.63
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 68,991.17 72,149.75
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 69,429.08 73,029.79
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 69,862.04 73,914.78
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 70,290.02 74,804.75
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 70,712.99 75,699.73
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 71,130.93 76,599.74
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 71,543.81 77,504.81
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 71,951.60 78,414.97
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 72,354.27 79,330.25
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 72,751.79 80,250.68
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 73,144.13 81,176.29
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 73,531.26 82,107.11
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 73,913.16 83,043.16
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 74,289.79 83,984.48
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 74,661.13 84,931.09
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 75,027.14 85,883.03
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 75,387.80 86,840.32
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 75,743.07 87,803.00
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 76,092.93 88,771.09
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 76,437.34 89,744.63
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 76,776.28 90,723.64
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 77,109.71 91,708.16
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 77,437.60 92,698.22
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 77,759.92 93,693.85
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 78,076.64 94,695.08
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 78,387.73 95,701.94
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 78,693.16 96,714.46
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 78,992.89 97,732.68
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 79,286.89 98,756.63
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 79,575.13 99,786.34
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 79,857.58 100,821.84
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 80,134.21 101,863.16
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 80,404.98 102,910.34
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 80,669.86 103,963.41
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 80,928.82 105,022.40
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 81,181.82 106,087.35

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 Payment Extra Cumulative Cumulative
No. Date Interest Rate Payment Due Payment Interest Principal Balance Interest Principal
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 81,428.83 107,158.29
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 81,669.81 108,235.26
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 81,904.74 109,318.28
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 82,133.57 110,407.40
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 82,356.28 111,502.64
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 82,572.83 112,604.04
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 82,783.18 113,711.64
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 82,987.30 114,825.47
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 83,185.16 115,945.56
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 83,376.72 117,071.95
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 83,561.94 118,204.68
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 83,740.79 119,343.78
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 83,913.23 120,489.29
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 84,079.23 121,641.24
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 84,238.75 122,799.67
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 84,391.75 123,964.62
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 84,538.20 125,136.12
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 84,678.06 126,314.21
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 84,811.29 127,498.93
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 84,937.86 128,690.31
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 85,057.73 129,888.39
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 85,170.86 131,093.21
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 85,277.21 132,304.81
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 85,376.75 133,523.22
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 85,469.43 134,748.49
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 85,555.22 135,980.65
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 85,634.08 137,219.74
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 85,705.97 138,465.80
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 85,770.85 139,718.87
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 85,828.68 140,978.99
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 85,879.42 142,246.20
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 85,923.04 143,520.53
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 85,959.49 144,802.03
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 85,988.73 146,090.74
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 86,010.72 147,386.70
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 86,025.42 148,689.95
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? 86,032.79 150,000.00
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
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#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?

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 Payment Extra Cumulative Cumulative
No. Date Interest Rate Payment Due Payment Interest Principal Balance Interest Principal
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
#NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME? #NAME?
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 Payment Extra Cumulative Cumulative
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HELP
https://www.vertex42.com/ExcelTemplates/arm-calculator.html © 2005-2018 Vertex42 LLC

About This Template

This spreadsheet creates an amortization table and graph for an adjustable rate
mortgage (ARM) loan, with optional extra payments. Results may differ from other
calculators due to rounding or how payments are processed.

Some Notes and Assumptions

The maximum rate and monthly payments are just estimates! The estimates are based
upon the specified interest rate cap and the estimated adjustments over the term of the
loan.

• The calculator is designed to handle monthly payments only.

• Payment and interest calculations are rounded to the nearest cent (2 decimal places)
• Interest rate changes are theoretical (designed to allow you to test different scenarios)

• The Payment Due is adjusted after each payment, so extra payments lower future
monthly payments rather than resulting in paying off the loan early.
• The calculator does not take into account fees, insurance, taxes, etc.
• Read cell comments (cells with red triangles) for more information.

The "Tabulated" worksheet is a variation of the ARM Calculator that allows you to
specify the dates when interest rates change. If the date does not correspond to a
Payment Date in the Amortization Schedule, the rate change is not applied until the
following payment. Interest is not calculated on a daily basis.

Additional Help
The link at the top of this worksheet will take you to the web page on vertex42.com that
talks about this template.

REFERENCES

SEE ALSO Vertex42.com: Money Management Template

SEE ALSO Vertex42.com: Home Mortgage Calculator

TIPS Vertex42.com: Spreadsheet Tips Workbook

05-2018 Vertex42 LLC
Adjustable Rate Mortgage (ARM) Calculator
By Vertex42.com
https://www.vertex42.com/ExcelTemplates/arm-calculator.html

© 2005-2018 Vertex42 LLC

This spreadsheet, including all worksheets and associated content is a

copyrighted work under the United States and other copyright laws.

Do not submit copies or modifications of this template to any website or online

template gallery.

Please review the following license agreement to learn how you may or may not
use this template. Thank you.

License Agreement
https://www.vertex42.com/licensing/EULA_personaluse.html

Do not delete this worksheet