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Mortgage calculator
How much higher will your rate go?
Do you know what your new mortgage payment will be when your rate adjusts? Use this calculator to find out what your payment would be if your rate was to adjust today.
First, find the original paperwork you recieved at closing. You'll need them to look up the name of the index your new rate is based on.
Click here
for examples of what these documents look like and how to find the index on your documents. Can't find your paperwork? Call your lender at the phone number on your account statement and ask.
Index:
Select Index
3 Month LIBOR Rate
One-Year CMT (Monthly)
Monthly Treasury Average (1yr)
WSJ Prime Rate
Fed Funds Rate
11th District Cost of Funds
Fed Funds Rate (Current target rate 0-0.25)
OTS National Median Cost of Funds
1 Year LIBOR Rate
1 Month LIBOR Rate
One-Year MTA
One-Year Treasury Constant Maturity
6 Month LIBOR Rate
Rate:
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Understanding Bankrate's rate averages