Which Mortgage Is Best For You?

If you’re wondering whether a Fixed Rate or Adjustable Rate Mortgage is best for you, take this simple test to find out. Just answer each question that best describes you by using the scroll bar to select your points. Then add up your points to find out what your score means.

This chart is for your information and should only be used as a guide. Always consult a qualfied mortgage professional before applying for a mortgage loan.


What Your Score Means…


If You Scored 4 or 5 Points: Between your need for financial stability and today’s interest rates, a fixed rate mortgage is your best choice.

If You Scored 6 or 7 Points: Your score reflects a moderate amount of flexibility. Consider both adjustable and a fixed rate mortgages… and weigh your options carefully. Mortgage Shopping Tips can give you some things to consider.

If You Scored 8 or 9 Points: This may be a good time for you to consider taking advantage of an adjustable rate mortgage.