Interest Only Payment Calculator

Loan Amount:
Interest Rate1:		%

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.

---

STATEWIDE FINANCIAL.COM - 2730 HYLANE DR. - TROY, MI 48098
Office Phone: 248-593-0500 Fax: 248-593-0501 Cell Phone: 248-342-6466
Toll Free Phone: 888-430-9292

 

Main Office: David Campbell, President 2730 Hylane Drive Troy, MI 48098 Office: (248)593-0500 Fax: (248)593-0501 Cell: (248)342-6466 Toll Free: (888)430-9292 Email:  dave@statewidefinancial.com

We lend in the following states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Deleware, Florida,Hawaii, Idaho, Indiana, Kentucky, Louisiana,Maine, ,Massachusetts, Michigan, Mississippi, Missouri, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, Washington DC, West Virgina, Wisconsin, Wyoming

© 2008 Myers Internet, Inc. All Rights Reserved

Powered by: Myers Internet, Inc. | Admin Login