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.

Northwest Mortgage Advisors - 135 Lake Street South Suite 100 - Kirkland, WA 98033
Office Phone: (425) 533-3953 Fax: (425) 889-1657 Toll Free Phone: (800) 393-6178

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We lend in the states of Washington (license # 510-LO-43242), Oregon (license #ML-4630), and California (license #603-E633).

You can find great local Washington real estate information on Localism.com Bill Fores is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business.

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Interest Only Payment Calculator