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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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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
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| Frequently Asked Questions-FAQs | Mortgage Calculator | Back home
Equal Housing Opportunity Lender | Copyright © 2006 Frederic A Din, IVLoanSearch.com, All rights reserved. Carteret Mortgage Corporation License info CA DRE Info (916)227-0931
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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