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.

Carly Ringer
Keller Williams
Ph: 800-405-3914
Manasquan, NJ 08736 US
www.homesinmanasquan.com
Home Town Info HomesIn.com Home Value School District Info VIP Home Finder Pre-Qualify Now Local School Report Local Businesses Calculators Manasquan Recreation Credit Manasquan Brielle Little League Manasquan InLine Hockey Insurance Flood Status Manasquan Football Scores Beach Badge Info Staging Yelp Real Estate Glossary Pre-Clasifique Local Weather Glosario de Bienes RaĆ­ces NJ Transit Rent to Own List My Property Foreclosures Featured Listings Comcast Advertise
Powered by LinkURealty - Real Estate Web Design & Websites