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Using Pay Option ARM Calculator ~ Examples

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Types of Mortgage Loans: Option ARM: Pay Option ARM Calculator: Examples

Below you will find examples of how to input some of the most popular option ARM loans offered by the largest option ARM originators in the nation.

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Countrywide's

PayOption ARM
{traditional regular option ARM}

Washington Mututal's Option ARMs:

1 Month Option ARM
{traditional regular option ARM}

Flex 3 Home Loan
{traditional fixed-period option ARM}

Flex 5 Home Loan
{traditional fixed-period option ARM}

Downey Savings' Option ARMs:

1-Month MTA Option ARM
{traditional regular option ARM}

1-Month COFI Option ARM
{traditional regular option ARM}

5 Yr Fixed Rate/Fixed Payment
{hybrid option ARM}

World Savings'

Pick-a-Paymentsm ARM
{traditional regular option ARM}

GreenPoint's OptPay ARMs:

1 Month Treasury ARM
{traditional regular option ARM}

1 Month/3Yr Treasury ARM
{traditional fixed-period option ARM}

1 Month/5Yr LIBOR ARM
{traditional fixed-period option ARM}

Five Year Fixed Rate OptPay ARM
{hybrid option ARM}

Chevy Chase Bank's Cashflow ARMs:

Cashflow Option Loan
{traditional regular option ARM}

5-Year Fixed Pay
{traditional fixed-period option ARM}
Flagstar Bank's

Option Power ARM
{traditional regular option ARM}

Indymac Bank's Pay Option ARMs:

12 MAT ARM
{traditional regular option ARM}

12 MAT Fixed Minimum Payment
{traditional fixed-period option ARM}

FlexPay® 12 MAT 1-Year ARM
{innovative regular option ARM}

FlexPay® 12 MAT 5-Year ARM
{innovative fixed-period option ARM}

FlexPay® 3/1 LIBOR ARM
{hybrid option ARM}

FlexPay® 5/1 LIBOR ARM
{hybrid option ARM}

FlexPay® 7/1 LIBOR ARM
{hybrid option ARM}

FlexPay® is a registered trademark of IndyMac Bank, F.S.B and/or its subsidiaries. Pick-a-Paymentsm is a service mark of World Savings. Washington Mutual® and the Washington Mutual logo are registered trademarks of Washington Mutual, Inc. PayOption is a service mark of Countrywide Financial Corporation and/or its subsidiaries. OptPay is a trademark of GreenPoint Mortgage Funding, Inc. (GPMF) and/or its subsidiaries. CashFlow Option Loan, Flex 3 Home Loan, Flex 5 Home Loan, and all other trade/service marks are the property of of their respective owners. Mortgage-X is not sponsored by, endorsed by or affiliated with IndyMac Bank, World Savings, Flagstar Bank, Countrywide, Chevy Chase Bank, Downey Savings, GreenPoint Mortgage or Washington Mutual, Inc.

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