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Home > Payment Option Arm Calculator
Payment Option ARM Calculator
Effective Interest Rate4 (Index + Margin): 5.122% Assumptions: 1 The low initial Minimum Monthly Payment is calculated based on the low initial start rate. Rates are for calculation purposes only, please call your loan officer for rate quotes. 2 Paying the Minimum Monthly Payment will result in deferred interest, which will be added to the principal balance and increase your loan amount. This is called negative amortization. For the first 5 years the minimum payment will increase 7.5% over the previous year. 3 The Monthly Savings is calculated using the current Index + Margin. Rate increases or decreases are not computed. Monthly Savings compares the 30 Year Payment to the Minimum Payment. 4 The Effective Interest Rate is the rate the Lender charges each month. It is equal to the Index Rate + Margin. The Index + Margin yield may change each month as the Index rate changes. ![]() First Community Bank - 28 North Last Chance Gulch, First Floor - Helena, MT 59601 Office Phone: (406) 449-9800 Fax: (406) 449-9811 Toll Free Phone: (866) 908-9808 Lending in Montana for over 119 Years In Business Since 1891 ! Check Out Our Banking Website at www.fcbank.net Throughout this website information and interactive calculators are made available to you as self-help tools for your independent use. We cannot and do not guarantee their accuracy or their applicability to your circumstances. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues. Please complete the"Information for Government Monitoring Purposes" section on the Application only if you are applying for the Purchase or Refinance of your Primary Residence.
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