ContactHome

Interest Only Payment Calculator


Loan Amount:
Interest Rate1: %
 



Payment Options
30-Year Principal and Interest Payment:   $599.55  
Interest Only Payment2:   $500.00  
Monthly Savings3:   $99.55  

Assumptions:

1 The interest-only payment and the monthly savings will change as the interest rate changes. Rates are for calculation purposes only, please call your loan officer for rate quotes.

2 The interest-only payment option is only available during the initial interest only payment period. This is only in the first ten to fifteen years. Some programs have shorter initial interest only periods. For example: on a 5/1 ARM, the interest-only period may be only the first five years.

3 Monthly savings is based on the thirty-year, amortized principal and interest payment.



:: CHECK OUT YOUR HOME'S VALUE :: All Listings :: MLS Search :: Email Updates :: Property Organizer Login :: Featured Properties :: Buyer's Resources :: Home Buyers Scouting Report :: Dream House Finder :: Free Buyer Reports :: Gov't Foreclosed-Hud Houses :: Seller's Resources :: Market Analysis :: Free Seller Reports :: Boulder-City :: Louisville :: Lafayette :: Superior :: Longmont :: Erie :: Broomfield :: Personal MLS Scouting Report :: Schools :: Private School Information :: Ask the Realtor :: Commercial Real Estate :: Restaurants-local :: Vendor Directory :: Newsletter :: Neighborhoods :: Calculators :: Weather :: Real Estate Terms :: Free Reports :: Contact :: About Peggy Spiro :: Guest Book :: Testimonials :: Submit Testimonial :: Divorce Resources & Real Estate :: Collaborative Divorce Process :: Divorce Professionals ::

An Equal Opportunity Company. Equal Housing Opportunity.
All rights reserved.

ABR - Accredited Buyer Representative CRS - Certified Residential Specialist Equal Housing Lender GRI - Graduate, REALTOR Institute REALTORŪ

© 2008 Myers Internet, Inc. All Rights Reserved

Powered by: Myers Internet, Inc. | Admin Login