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  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.  Eagle Nationwide Mortgage Co - A Subsidiary of Eagle National Bank 90 Painters Mill Rd #215 - Owings Mills, MD 21117 Office Phone: (800) 409-3504 Fax: (888) 985-7335 Cell Phone: (240) 328-7499 E-mail: dgunter@eaglerates.net Mortgage Originator License #: 4950 :: Sweepstakes :: Apply Now :: Pre-Qualify :: Loan Programs :: Purchasing :: Refinance :: Debt Consolidation :: Need Cash? :: Imperfect Credit? :: For Sale by Owner :: Reverse Mortgages :: VA Refinance :: Registration :: Request Loan Status :: Loan Application Instructions :: Calculators :: Credit Grade Calculator :: Interest Only Payment Option Calculator :: ARM Loans :: Loan Process :: Privacy Policy :: FAQ :: Glossary :: Forms :: Contact Us :: About Us :: Tell-A-Friend :: Credit Report :: Money Merge Account :: Pay off your home 1/2 to 1/3 of the time :: Link Market :: Granza :: Realtors ::
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