AFFILIATE DISCLOSURE: This is to give notice that loanDepot.com, LLC (“loanDepot”) and its affiliates have a business relationship with mellohome, a Texas and California licensed real estate broker. Accordingly, any referral to mellohome may provide loanDepot, its parent company and/or its affiliates with a financial or other benefit. YOU ARE NOT REQUIRED TO USE MELLOHOME AS A CONDITION FOR PURCHASE OF A HOME. Please click here for the full Affiliated Business Arrangement disclosure.
Acknowledgment: By clicking "CONTINUE TO MELLOHOME.COM" below, I/we acknowledge that I/we have read this disclosure form and understand that any referrals by loanDepot for the described settlement service(s) may result in loanDepot, its parent company and/or its affiliates receiving a financial or other benefit.
Tools that can help you navigate your financial journey.
Use this ARM vs. fixed rate mortgage calculator to compare a fixed rate mortgage to two types of ARMs, a Fully Amortizing ARM and an Interest Only ARM. A fixed rate mortgage has the same payment for the entire term of the loan. An adjustable rate mortgage (ARM) has a rate that can change, causing your monthly payment to increase or decrease.