What is my expected new payment?ok guys, need you to dust off the crystal ball and let me know what you think. I have a 5/1 ARM that adjusts in Jan 2015, my current rate is 4.375% on a 415k loan, payment is $2075/month. The loan is based on the 1 year index, my margin is 2.25% and the cap is 2%, it will adjust every year after 2015. Based on trends, what do you foresee the rate and payment adjusting to? I would think it would go lower to the 3%+ range, thoughts?June 29 2012 - Los Angeles00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.