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Mortgage payment calculator, including interest only

FREE Mortgage Shopping Report Answers the four critical questions you must know when shopping for a mortgage.

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Loan Amount:      $
 Loan Term:      years
Interest Rate:     

     

 
Fully Amortizing Payment Interest Only Payment
$ $

Monthly cash flow savings of:  

$

Note:IVLoanSearch calculations are solely intended to provide ballpark estimates, not final or binding loan amounts. This is not a credit approval or commitment to lend, and by using the calculator you are not locking in the interest rate. Most interest only mortgage programs allow interest only payments for a time, such as 3, 5, 7, 10 or 15 years of the loan term.  The loan will then be amortized for full payoff over the remaining loan term.  Programs include loans that have the interest rate adjusting every 6 months, or you can lock in a rate up to 30 years, while making interest only payments for the first 10 to 15 years.

FREE Mortgage Shopping Report Answers the four critical questions you must know when shopping for a mortgage.

www.IVLoanSearch.com Weekly Interest Rate Survey ~ a service of Frederic A Din/Carteret Mortgage Corporation (760) 344-5363 
Apply Online  |  Mortgage worksheet   |  Frequently Asked Questions-FAQs  |  Mortgage Calculator  |  Back home
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Rates displayed herein are sample rates only. Upon loan approval you will receive product and rate options specific to your loan situation.

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