Customer Testimonials

Customer Testimonials

Mortgage Resources

Featured Tools

Loan Info

Company Info

Looking for a Home?

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.

Mortgage Connection - 1435 Huntington Suite 102 - South San Francisco, CA 94080
Office Phone: (888) 850-9880 Fax: (650) 553-9878
Email: info@mortgageconnection.net
:: Customer Testimonials :: Submit Testimonial :: Apply Now :: Todays Rates :: Pre-Qualify :: Loan Programs :: Purchasing :: Refinance :: Rate Alert :: Request Loan Status :: Calculators :: Loan Process :: FAQ :: Forms :: Contact Us :: About Us :: Tell-A-Friend :: DCY Realty ::

Licensed by the California Department of  Real Estate
License number 01125924





© 2012 Myers Internet All Rights Reserved

Powered by: Myers Internet | Admin Login