ARM Reset Calculator — Is Your 2020 Mortgage About to Cost You $800 More a Month?

If you locked 2.5%-3.5% during the pandemic — your ARM or rate lock is expiring. Here's exactly what it costs and how to fight back.

⚠️ If you have a 5/1 or 7/1 ARM from 2020-2021

The intro period is ending. Your rate is about to adjust. Most homeowners in this situation see their payment jump $400-$1,200/month. Here's the calculator — run your numbers first.

3 Ways to Fight Back

Best for most people

1. Refinance into a 30-year Fixed at Current Rates

Yes, rates are higher. But spreading the remaining balance over 30 years softens the monthly hit. On a $380K remaining balance, refinancing from a 6.5% ARM to a new 6.5% fixed might only increase your payment by $200-400/month — vs. $800-1,200 if you do nothing.

Fastest path to lowest rate

2. Rate Buydown — Pay $3,000-$8,000 Now, Save $80-$150/Month

Most lenders offer a temporary buydown: you pay 2 points upfront, they drop your rate 0.5%-1% for the first 2 years. On a $400K loan, that 0.75% buydown = ~$200/month saved for 24 months = $4,800. Pays for itself in under 2 years.

If you have strong equity

3. Cash-Out Refinance + Pay Down High-Interest Debt

If your home is worth $650K and you owe $320K, you have $330K in equity. A cash-out refi at today's rates lets you pay off credit cards (18-24% APR) with a 6.5% mortgage (tax-deductible). Net-net: you might actually come out ahead.

Run Your Exact Numbers — Free

Text ARM to (951) 517-4432 and I'll send you a personalized ARM analysis.
Or book a 15-min call — no sales pitch, just math.

Nick Nagy | NMLS 314880 | Xpert Home Lending

Text ARM → 951-517-4432

Nick Nagy | Xpert Home Lending | NMLS 314880 | Equal Housing Opportunity
Calculator estimates are for illustration only. Actual rates and payments depend on your credit profile, property type, and current market conditions. Consult a licensed loan officer for your specific numbers. This is not financial advice.