May 19, 2012
Home
|
Privacy Policy
|
Site Security
Home
Apply Online
Apply Online
Edit Prior Application
Blank Printable Application
Printable Bilingual Application
Free Quick Quote
New Purchase
Refinance Adviser
Debt Elimination
Free Information
VA Eligibility FAQ
The Mortgage Broker
Debt Consolidation FAQ
Types of Loans
Loan Center
Interest Rates
Rate Watch
Loan Checklist
Loan Programs
Loan Update
Mortgage Glossary
FAQ
Today's Rates
About Reverse Mortgages
Calculators
Basic Mortgage Qualification
Bi-Weekly Mortgage
Detailed Mortgage Qualification
How Much Can I Afford?
Interest Only Payments
Monthly Loan Payment
Prepayment Analysis
Prepayment Mortgage Reduction
Principal After X Years
Rent vs. Own
Company Info
About Us
Privacy Policy
Testimonials
Site Security
Contact Us
Meet the Team
Learn More
Web Links
Raise Your Credit Score
Reverse Mortgage FAQ
FHA FAQ
Seminar RSVP
Less Than Perfect Credit?
We offer solutions for all credit types.
Find out more...
Apply Online Today!
Online Loan Update
Mortgage Calculators
Click here for more mortgage calculators.
Phone: 620-860-4480
Interest Only Payments
This calculator will help determine what the amortization schedule will be for an interest only mortgage loan. Use this calculator to evaluate the impact of principal payment and to look at the interest cost of the loan.
Calculations
Mortgage Amount:
$
Term of loan:
40 year
35 year
30 year
25 year
20 year
15 year
10 year
5 year
Years
Interest only period:
15 year
14 year
13 year
12 year
11 year
10 year
9 year
8 year
7 year
6 year
5 year
4 year
3 year
2 year
1 year
Years
Interest Rate:
%
Your Results
Interest Only Monthly Payment:
$
708.33
Click
HERE
for monthly amortization schedule
Click
HERE
for yearly amortization schedule
The accuracy and use of this calculator is not guaranteed.
107 E. 30th Ave. Hutchinson, KS 67502 Phone: 620-860-4480 Fax: 866-252-4962
NMLS ID 263374
© 97-2012 Virtual Lender ®