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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.  JR Mortgage Services, Inc. / JR Realty - 4717 Mangels Blvd - Fairfield, CA 94534 Office Phone: 707-864-4990 Fax: 707-864-4212 Cell Phone: 707-246-5266 Toll Free Phone: 1-888-900-3461 Real Estate: 707-290-0631 :: Rate Alert :: Search Rates :: Refinance Analysis :: Check Loan Status :: Apply Now :: Pre-Qualify :: Market Update :: Loan Programs :: Prequal CalcuLetter :: Free Homebuyer Tips :: Purchasing :: Refinance :: Need Cash? :: Home Equity Loan :: Interest Only :: Reverse Mortgages :: ARM Loans :: Equipment Leasing :: Loan Process :: Loan Application Instructions :: Library :: FAQ :: Glossary :: Forms :: Search MLS Listings :: Buyer's Resources :: Free Buyer Reports :: Dream House Finder :: Seller's Resources :: Free Seller Reports :: Market Analysis :: Schools :: Weather :: Schedule a Notary Appointment :: Mortgage Payment Calculator :: Rent Vs. Buy Calculator :: Debt Consolidation Calculator :: Refinance Calculator :: Credit Grade Calculator :: Interest Only Payment Option Calculator :: Payment Option Arm Calculator :: Contact Us :: Staff Directory :: About Us :: Office Location :: Tell-A-Friend :: Sweepstakes :: Privacy Policy :: Submit Testimonial :: 
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