Information About Yourself 
Expected Years in House, Cannot Exceed Term 

Rate of Interest on Savings (e.g. 3.5) 

Income Tax Bracket ( e.g. 27 ) 

Current Value of House (e.g. 225000) 

Optional: Expected Rate of Property Value Appreciation 

Basic Loan Information 
Existing ARM 
New FRM 
Existing Loan Balance on ARM 


Current Interest Rate on ARM — New Interest Rate on FRM (e.g. 6.00) 


Remaining Loan Term on ARM (in months) — New Loan Term on FRM (in months) 


Mortgage Insurance (Monthly Premium Plan) 


Points ($'s or % of Loan) 


All Other Closing Costs 


Prepayment Penalty on ARM ($'s or % of loan balance — if applicable) 


Points and Costs Are: 


Interest Rate Index 
Current Value of ARM Interest Rate Index ( e.g. 1.54 ) 


Margin That is Added to Interest Rate Index (e.g. 2.75) 


Next Rate Adjustment 
Number of Months to Next Rate Adjustment (e.g. 36) 


Maximum Interest Rate Change on Next Rate Adjustment (e.g. 5.0) 


Subsequent Rate Adjustments 
Duration, in Months, Between Subsequent Rate Adjustments (e.g. 12) 


Maximum Int Rate Change on Subsequent Rate Adjustments (e.g. 2.0) 


Maximum / Minimum Rates 
Maximum Interest Rate Over Life of Mortgage (e.g. 12.5) 


Minimum Interest Rate Over Life of Mortgage (e.g. 4.5) 


Assumptions About Future Interest Rates ( ARM Only  Only 2 selections allowed per run ) 
Stable Index: Interest Rate Index Stays Unchanged for Life of Mortgage 
Worst Case: Interest Rate Rises to the Maximum Allowable Rate in the Second Month 

Annual Change to Begin in Year 
For x Years 
Percent Per Year 
Upward Movement: Int Rate Index Rises for: 



Downward Movement: Int Rate Index Declines for: 




Years Between Direction Changes 
Percent Change Per Year 
Volatile: Interest Rate Index Rises, Then Declines: 


Volatile: Interest Rate Index Declines, Then Rises: 

