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  Interest Only Payment Calculator
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. Terms and Conditions: The real estate company with which the agent is affiliated, Coldwell Banker Residential Brokerage, is an Equal Oportunity Company, Equal Housing Opportunity. CBRB is owned and operated by NRT Incorporated. All rights reserved. Debra Cence is not reponsible for the accuracy or completeness of the linked information. Such information has been provided by independent third parties who are solely responsible for such content. All Logos/Registered Trademarks are owned by the respected companies.
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