This calculator compares the total cost of retaining an existing ARM with that of refinancing into a new FRM, over a specified future period. It allows the upfront refinance costs to be financed.

This calculator compares the total cost of retaining the current FRM with the cost of refinancing into another FRM, over a specified future period. It also shows the period the new loan must be held to break even and allows upfront costs to be financed.