` = "7/6 SOFR ARM"`

7.05

7/6 SOFR ARM Interest Rate

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Personal Finance Calculators

• Monthly Loan Payment: Computes the monthly payment of a fixed interest rate loan (e.g., home mortgage or car loan).
• Credit Card Equation:  Computes the number of months to pay off a credit card.
• Mortgage Affordability: Compute the amount of principal one can borrow based on monthly payment, duration and interest rate.
• Leverage Ratio: Calculates a ratio describing debt to income.
• Compound Interest: Computes the compounded interest on a fixed interest rate investment
• CAGR: Computes the compounded annual growth rate achieved on an investment.
• Rule of 72: Provides a quick estimate on time to double an investment
• Simple Interest Earned: Computes a rough estimate on interest earned over time.
• Wage Calculator: Computes the annual, monthly and weekly pay amounts base on hourly wage and hours per week.
• Current Mortgage Rates:
  • 30 Year Fixed Interest Rate: 7.04 %
  • 15 Year Fixed Interest Rate: 6.41 %
  •  7/6 SOFR ARM: 7.05 %