If you curious how big your mortgage payment will become after ARM reset, check.

This is a discussion on If you curious how big your mortgage payment will become after ARM reset, check. within the Microsoft Money forums in Microsoft Tools category; Assuming that interest rates will remain the same as they are today (too simplistic), the following calculator computes mortgage payments before and after reset. http://csharpcomputing.com/webapps/arm.jsp For example, if today loan amount 450000, interest rate 4.125%, loan is 5/1 ARM, and it is due to reset next year, then monthly payment before reset is $2354 and after reset is $3247 Hope this helps, Martin...