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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.



:: Our FSBO Program :: Add Your Listing :: MLS Placement :: NW LANDING/DUPONT :: Featured Properties :: King Co. FSBO's :: Pierce Co. FSBO's :: New Construction :: Entire MLS :: WHAT'S MY VALUE? :: Why Prequalify? :: Dream House Finder :: Free Buyer Reports :: 10% Down - Choices :: Need an Agent? :: How to Get Started :: Seller Ready Sign :: Free Market Analysis :: Free Seller Reports :: Need an Agent? :: Mortgage PRE-APPROVALS :: Calculators :: Commercial Loans :: Area Information :: LEGAL FORMS :: Newsletter :: Market Place :: Schools :: Weather :: Helpful Links :: Contact :: Guest Book :: Testimonials :: Personal Info :: Our Program :: Recently Sold ::

16218 Pacific Ave S., Suite 3
Spanaway, WA 98387
Phone: (253) 536-LOAN
Toll Free: (866) 350-6140
Fax: (253) 536-7375
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