Fixed
Rate and payment (principal + interest) don't change for the life of the loan.
ARM
A hybrid ARM (e.g., 5/6, 7/6, 10/6) is fixed for an initial period, then adjusts based on an index plus margin, subject to caps.
Choosing
ARMs often make sense for buyers with a defined shorter-term horizon; fixed rates offer certainty for the long haul.
Key takeaways
- Fixed = certainty; ARM = lower initial cost with future risk.
Frequently asked questions
Apply Now
Start your application
Quick, secure, mobile-friendly.
Ask Cesar AI
Get instant answers
24/7 mortgage AI assistant.
Calculator
Run the numbers
Payment, affordability & refi tools.
Consultation
Book a meeting
Talk to a licensed advisor.
Contact
Reach the NexGen Capital team
We'll respond within one business day.