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	Pay Option Arm Calculator This popular adjustable rate mortgage offers the flexibility of 4 different mortgage payments on each statement.  If you are thinking of using a Pay Option Arm loan to purchase or refinance, use this calculator to understand your payment structure. Do not use $, spaces, %, or commas: Sales/Refinance  Price   Down Payment (for purchases) 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% -if using a piggyback loan for 100% Start Rate 1.00% 1.125% 1.250% 1.375% 1.500% 1.625% 1.750% 1.875% 2.00% 2.125% 2.250% 2.375% 2.500% 2.625% 2.750% 2.875% 3.00% 3.125% 3.250% 3.375% 3.500% 3.625% 3.750% 3.875% 4.00 Index   1.00% 1.125% 1.250% 1.375% 1.500% 1.625% 1.750% 1.875% 2.00% 2.125% 2.250% 2.375% 2.500% 2.625% 2.750% 2.875% 3.00% 3.125% 3.250% 3.375% 3.500% 3.625% 3.750% 3.875% 4.00% 4.125% 4.250% 4.375% 4.500% 4.625% 4.750% 4.875% 5.00% 5.125% 5.250% 5.375% 5.500% 5.625% 5.750% 5.875% 6.00% 6.125% 6.250% 6.375% 6.500% 6.625% 6.750% 6.875% 7.00% - round to nearest % amount Margin   2.00% 2.125% 2.250% 2.375% 2.500% 2.625% 2.750% 2.875% 3.00% 3.125% 3.250% 3.375% 3.500% 3.625% 3.750% 3.875% 4.00% 4.125% 4.250% 4.375% 4.500% 4.625% 4.750% 4.875% 5.00% 5.125% 5.250% 5.375% 5.500% 5.625% 5.750% 5.875% 6.00% 6.125% 6.250% 6.375% 6.500% 6.625% 6.750% 6.875% 7.00% Summary of Pay Option Arm Loan Loan Amount 0 Fully Indexed Rate  (Index + Margin) 0 Payment Options Minimum Payment Interest Only 30 Year 15 Year Interest Rate 0 0 0 0 Monthly Payment 0 0 0 0 Home About Us Blog Articles Featured Content Calculators Contact
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