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Interest Only Payment Calculator
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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.
 One Stop Loans - 28494 Westinghouse Place, Suite 304 - Valencia, CA 91355 Office Phone: (661) 253-1363 Fax: (661) 554-7056 Toll Free Phone: (800) 472-6190 One Stop Loans is a Mortgage Loan Broker, licensed by the CA Dept. of Real Estate under License #01436401. One Stop Loans does not provide accounting, tax or legal advice, and cannot guarantee the tax-deductibility of any interest or fees paid. We recommend that you consult your CPA, tax accountant, or attorney for proper advice. For questions or comments related to this site please contact our Webmaster: mailto:webmaster@onestoploans.info For Customer Service questions or issues, contact our Customer Care Dept. at support@onestoploans.info Rates and fees are subject to change without notice. 
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