Interest Only Payment Option Calculator

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.

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Joseph Piccinini (JP)

JP & ASSOCIATES

Proud Member of The Russell and Jeffcoat REALTORS Family

Licensed in the State of South Carolina

#1 REAL ESTATE Company in the Columbia and Lexington SC Region

Largest Indipendent Real Estate Company in South Carolina

Mobile (803) 873 0533

Business (803) 798 1250

Fax (803) 731 7627

jp@jphomesforsale.com

Lexington and Columbia SC Real Estate

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Joseph Piccinini is a proud member of the ActiveRain Real Estate Network. This network is a free online community to help real estate professionals promote their business online. You can find other outstanding South Carolina real estate professionals on ActiveRain.com