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  Adjustable Rate Payment Calculator

Principal Amount:

$

Down Payment Amount:

$

Closing Date:

First Mortgage Payment Due Date:

Number of Monthly Payments:

Begining Interest Rate:

%

Rate Cap (Life Rate Cap):

%

Maximum Amount the Rate Will Increase in the First Interval:

%

Maximum Amount the Rate Will Increase in Each Subsequent Interval:

%

Number of Months Before the First Rate Increase:

Number of Months Between Subsequent Rate Increases: