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.




Capital City Mortgage Investments, Inc. - 5041 Dallas Hwy Suite 612 - Powder Springs, GA 30127
Office Phone: (770) 792-7979 Fax: (770) 792-9030 Cell Phone: (404)-643-4793

:: Purchasing :: Refinance :: Commercial Loans & Rates :: Apply Now :: Tax Credit: Q&A :: Free Reports :: For Sale by Owner :: Loan Process :: Forms :: About Us :: Tell-A-Friend :: Request Loan Status :: Calculators :: Credit Report :: Home :: Let's Network ::

 Check out the CCMI Blog: http://reatlblog.com/

GAMB

      Lending in Georgia for over 14 years!



Equal Housing Lender NAMB - National Association of Mortgage Brokers

© 2010 Myers Internet All Rights Reserved

Powered by: Myers Internet | Admin Login