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.  GMI Home Loans LLC - 195 Route 9 South Suite #109 - Manalapan, NJ 07726 Toll Free Phone: (888)788-2688 Office Phone: (732) 837-1400 Fax: (732) 837-1410
GMI Home Loans, LLC - Division of NVC Premier Fund,LLC
Licensed by the New Jersey Dept. of Banking and Insurance.
Registered Mortgage Broker New York State Banking Department - "Loans are aranged through third parties"
Licensed Mortgage Lender by the Florida Office of Financial Regulation.
Licensed Mortgage Lender by the Connecticut Department of Banking.
Licensed with the Pennsylvania Department of Banking.
State of Oklahoma Dept. of Consumer Credit.
Missouri Division of Finance.
State of Hawaii Dept. of Commerce and Consumer Affairs
Department of Veteran Affairs Approved Lender.
HUD Approved Title II Direct Endorsement Lender (FHA).
© 2010 Myers Internet All Rights Reserved Powered by: Myers Internet | Admin Login |
||||||||||||||||||||
