Exhibit 107.1

CALCULATION OF FEES TABLE

FORM 424(b)(5)

ARMOUR RESIDENTIAL REIT, INC.
(Exact name of registrant as specified in its charter)

Table 1: Newly Registered Securities and Carry Forward Securities

Security Type

Security Class Title

Fee Calculation or Carry Forward Rule

Amount Registered

Proposed Maximum Offering Price Per Share

Maximum Aggregate Offering Price

Fee Rate

Amount of Registration Fee (1)

Carry Forward Form Type

Carry Forward File Number

Carry Forward Initial effective date

Filing Fee Previously Paid in Connection with Unsold Securities to be Carried Forward

Newly Registered Securities

Fees to Be Paid

Equity

Common Stock, $0.001 par value

Rule 457(r) and Other (1)

25,000,000

20.09

(2)

502,250,000.00

0.00014760

74,132.10

N/A

N/A

N/A

N/A

Carry Forward Securities

Carry Forward Securities

Equity

Common Stock, $0.001 par value

415(a)(6) (1)

7,759,146

19.315

(3)

149,867,904.99

22,120.50

S-3

333-278327

3/28/2024

22,120.50

Total Offering Amounts

652,117,904.99

74,132.10

Total Fees Previously Paid

—

Total Fee Offsets

—

Net Fee Due

74,132.10

(1)Calculated in accordance with Rule 457(c) and Rule 457(r) under the Securities Act of 1933, as amended (the Securities Act). As of the date hereof, 7,759,146 shares offered under the registrant’s prospectus supplement, dated June 20, 2024, filed with the Securities and Exchange Commission on June 20, 2024 (Registration No. 333-278327) remain unsold (the Unsold Shares). A registration fee for the Unsold Shares was paid at that time. Pursuant to Rule 415(a)(6) under the Securities Act, the Unsold Shares are included on and offered, in addition to the 25,000,000 shares registered hereby, under this prospectus supplement (Registration No. 333-278327). Accordingly, no filing fee is due for the Unsold Shares.

(2)Calculated pursuant to Rule 457(c) and Rule 457(r) under the Securities Act, based upon the average of the high and low price per share of the common stock of the registrant as reported on the New York Stock Exchange on August 20, 2024.

(3)Calculated in accordance with Rule 457(c) and Rule 457(r) under the Securities Act, based upon the average of the high and low price per share of the common stock of the registrant as reported on the New York Stock Exchange on June 17, 2024.