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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. Mortgage Experts, Inc. - 15188 N.W. Central Drive #217 - Portland, OR 97229 Office Phone: (503)690-3088 Fax: (888) 550-9011 Cell Phone: (503) 307-7733 Email: info@mortgageexperts.info Toll Free Phone: 888 -690-3088 Oregon license#: ML-2616 NMLS#: 225036 :: Apply Now :: Today's Rates :: Pre-Qualify :: Loan Programs :: Purchasing :: Refinance :: Request Loan Status :: Calculators :: Loan Process :: Loan Application Instructions :: FAQ :: Debt Consolidation :: Forms :: Need Cash? :: Imperfect Credit? :: Home Equity Loan :: Interest Only :: Zero Down :: For Sale by Owner :: ARM Loans :: Contact Us :: About Us :: Privacy Policy :: Tell-A-Friend :: Credit Report :: Marketplace :: Home :: We lend in the following states: OREGON
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