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.  Affinity Mortgage - 8725 Rosehill Road, Suite 109 - Lenexa, KS 66215 Office Phone: 888-544-LOAN(5626) Fax: (913) 498-8467 We lend in the following states: Kansas, Missouri, Nebraska, Oklahoma and Colorado A LICENSED KANSAS MORTGAGE COMPANY 99-804 , NE license 1812, MO and OK FHA EXEMPT. Colorado MB100020373
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