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ARM Refinance vs Fixed Rate

Confused about whether to stick with your adjustable-rate mortgage or switch to a fixed-rate loan? The ARM Refinance vs Fixed Rate Calculator helps you compare the long-term costs and benefits of both options—so you can refinance with confidence and clarity.



ARM vs Fixed Rate Refinance

Comparison Results

ARM Monthly: $0.00

Fixed Monthly: $0.00

Monthly Savings: $0.00

Total Savings Over Term: $0.00

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What is ARM Refinance vs Fixed Rate Calculator

An ARM Refinance vs Fixed Rate Calculator is a specialized mortgage tool that helps homeowners evaluate whether refinancing an adjustable-rate mortgage (ARM) into a fixed-rate loan is financially beneficial. Adjustable-rate mortgages typically offer lower initial interest rates that adjust after a fixed period, while fixed-rate mortgages lock in your interest rate for the entire loan term

This calculator helps you project how much your future payments might increase if you stick with your ARM versus the stability you gain from switching to a fixed rate. It’s especially valuable if you’re nearing the end of your ARM’s introductory period or worried about rising interest rates in the future.




How it works

ARM Refinance vs Fixed Rate Calculator Works

The calculator works by comparing the cost of staying with your current ARM to refinancing into a fixed-rate mortgage. You begin by entering the remaining balance, current interest rate, and adjustment details of your ARM, including the maximum rate cap and adjustment intervals. Then, you input the terms of the potential fixed-rate refinance, including the new interest rate, loan term, and estimated closing costs.

The tool calculates your projected monthly payments under both scenarios over time, factoring in possible interest rate increases under your ARM. It also provides a side-by-side comparison of the total interest paid and the cumulative cost of each loan option. This gives you a clear picture of whether locking in a fixed rate now will save you money or whether it’s better to ride out your ARM for a few more years. The goal is to make sure your refinance decision aligns with your risk tolerance, financial goals, and how long you plan to stay in your home.



Frequently Asked Questions

When should I refinance my ARM to a fixed-rate mortgage Toggle
Refinancing is ideal if you’re nearing your ARM’s adjustment period, interest rates are expected to rise, or you want predictable payments.
Is a fixed-rate loan always better than an ARM Toggle
Not necessarily. ARMs can offer lower initial rates, but fixed-rate loans provide payment stability—especially important in a volatile rate environment.
How does this calculator help me decide Toggle
It shows you both short- and long-term costs of staying with your ARM vs. refinancing to a fixed rate, including future interest and monthly payments.
What if I don’t know how much my ARM will adjust Toggle
The calculator allows you to estimate rate caps and expected future rates so you can simulate possible adjustment scenarios
Are there closing costs when refinancing from an ARM to a fixed rate Toggle
Yes, like any refinance, you’ll likely pay closing costs, which the calculator includes to help you determine your true break-even point.