Interest Only Calculator

Calculate interest only mortgage payments by inserting the appropriate loan values in the calculator fields below. The monthly savings on interest only loans may be significant compared to traditional fixed rate mortgages so you owe it to yourself to learn more about the benefits & risks of interest only home loan programs.

Mortgage and Expense Information

$
Calculate Now!

Resulting Payments

$

What is an Interest Only Loan? An Interest-Only loan is a home loan program where you have an option to make "interest-only" payments for a defined period of the loan. The term "interest-only" does not mean not mean a consumer will never have to repay the principal amount of the loan. Usually there is a term in which you will pay only interest. After that term, you would then have to pay both interest and principle. Interest only loans generally use a variable interest rate.

Wayne Strickland
RE/MAX Southland Realty
Ph: (919) 773-0991Fax:(919) 773-0186
5160 Hwy 42 West
Garner, NC 27529 US
www.waynesproperties.com
Open Houses Home Residential Listings Commercial Listings Land Listings Contact Sign My Guest Book HUNTING LAND LEASES Lots & Land Search Homes Rental List Articles My Listings F.A.Qs Featured Listings About Us Local Schools Calculators Local Weather Relocation Home Value Request VIP Home Finder Real Estate News Send Link to a Friend Pre-Qualify Now Sell Your House Meet Our Agents Sold Listings Mortgage Glossary Real Estate Glossary Instant Home Value Site Map Rental Request Form Local Area Link Directory Documents & Files Daily Cartoon Buyer Reports Seller Reports Our Offices Rental Application Photo Gallery Preferred Partners Coupons RSS Feeds Relocalización ¡Haga una Pregunta! Preguntas Más Frecuentes Solicitud de Valoración de Vivienda Glosario Hipotecario Pre-Clasifique Glosario de Bienes Raíces Buscador de Viviendas para Alquilar Solicitud de Vivienda VIP Commercial Listings Commercial Value Request Sold & Leased Properties Links Reports for Renting Members Area Rented Listings My Blog FULL SPECTRUM CUSTOM HOMES, INC
Powered by LinkURealty - Real Estate Web Design & Websites