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.



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

We are licensed by the CA Dept. Of R.E. #01042451 

We Conduct Real Estate Sales & Finance in Marin County, California - Serving All Bay Area Counties & Cities including Sausalito, Tiburon, Belvedere, Tam Valley, Mill Valley, Corte Madera, Larkspur, Kentfield, Ross, Fairfax, San Geronimo, San Anselmo, San Rafael, Terra Linda, Lucas Valley,  Ignacio, Novato, Sonoma & Petaluma.

Jim Shroyer / Broker
Toni Shroyer / Agent  
Marvin Balat / Agent 
101 Larkspur Landing Circle, Suite 327
Larkspur, CA 94939
      Office: (415) 464-9000
                Fax: (415) 464-9017



CAMB - California Association of Mortgage Brokers Equal Housing Opportunity REALTOR®

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