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2. Adjustable-rate mortgages: What they are and how they work - AOL

   www.aol.com/finance/adjustable-rate-mortgages...

   Bankrate’s ARM calculator. Helps estimate how your ARM payment can shift in a variety of scenarios. Calculate . Types of ARMs. ARMs are generally 30-year mortgages, but they can vary a lot in ...

3. What is mortgage amortization? - AOL

   www.aol.com/finance/mortgage-amortization...

   Amortization with adjustable-rate mortgages. On the other hand, an adjustable-rate mortgage (ARM) comes with a fixed interest rate for an initial period (usually between three and 10 years). After ...

4. Guide to FHA adjustable-rate mortgages - AOL

   www.aol.com/finance/guide-fha-adjustable-rate...

   An FHA adjustable-rate mortgage works similarly to other adjustable-rate mortgages in that the interest rate initially remains the same for a set time, then changes at preset times until the ...

5. Adjustable-rate mortgage - Wikipedia

   en.wikipedia.org/wiki/Adjustable-rate_mortgage

   Hybrid ARMs are referred to by their initial fixed-rate and adjustable-rate periods, for example, 3/1, is for an ARM with a 3-year fixed interest-rate period and subsequent 1-year interest-rate adjustment periods. The date that a hybrid ARM shifts from a fixed-rate payment schedule to an adjusting payment schedule is known as the reset date ...

6. Amortization calculator - Wikipedia

   en.wikipedia.org/wiki/Amortization_calculator

   An amortization calculator can also reveal the exact dollar amount that goes towards interest and the exact dollar amount that goes towards principal out of each individual payment. The amortization schedule is a table delineating these figures across the duration of the loan in chronological order.

7. Mortgage - Wikipedia

   en.wikipedia.org/wiki/Mortgage

   An amortization schedule is typically worked out taking the principal left at the end of each month, multiplying by the monthly rate and then subtracting the monthly payment. This is typically generated by an amortization calculator using the following formula: = (+) (+) where: