Interest Only Payment Calculator
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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.
Wisconsin Home Buyers Network - 2870 Terra Court Suite 1 - Sun Prairie, WI 53590
Office Phone: (800) 318-6103 Fax: (800) 318-6103
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WIHBN Realty is a Wisconsin Real Estate Brokerage which specializes in: Real Estate Consulting & Educational Services We work with Real Estate Investors, Sellers, Buyers and Lease Option Candidates
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