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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.




Landmark Mortgage Lending, Inc. - 204 Lithia Pinecrest Rd. - Brandon, FL 33511
Office Phone: (813) 655-7272 Fax: (813) 655-7251


WE MAKE LOANS, NOT EXCUSES !!!

CALL FOR AN EASY NO HASSLE FREE LOAN COMMITTMENT TODAY !!!!

LOWEST COST & LOWEST RATES

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GO TO:

ERA Goff & Associates Realtors

@

     www.GoffandAssociates-Realtors.Com 

http://www.zillow.com/profile/glenngoff?scrnnm=glenngoff

Serving the Entire Tampa Bay Area, all of Hillsborough County, Tampa, Carrollwood,New Tampa,Thonotosassa,Temple Terrace,Seffner,Dover,Brandon,Valrico,Riverview,Apollo Beach,Ruskin,Wimauma,Keysville,Durant,Valrico,Plant City, Pinellas County, Pasco County, Polk County, Manatee County and Florida Coast to Coast.



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