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.  The Money Center, Inc. - PO Box 3011 - Spring, TX 77383-3011 Office Phone: (281) 296-2265 Fax: (281) 296-8782 email: moneyctr@gmail.com :: Apply Now :: Pre-Qualify :: Loan Programs :: Purchasing :: Refinance :: Debt Consolidation :: Need Cash? :: Imperfect Credit? :: Request Loan Status :: Calculators :: Loan Process :: FAQ :: Forms :: Contact Us :: About Us :: Tell-A-Friend :: Credit Report :: Marketplace :: Home :: We lend in Texas under Texas Mortgage Broker license #1092. 
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