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Home > Interest Only Payment Option Calculator
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. RAM Capital Corporation - 1101 S. Winchester Blvd., Suite H188 - San Jose, CA 95128 Office Phone: (408)249-4644 Fax: (408)249-6757 Toll Free Phone: 800-979-5626 Email: Loans@RAMCapLoans.com :: Apply Now :: Today's Rates :: Search Rates :: Pre-Qualify :: Loan Programs :: Purchasing :: Refinance :: Homebuyer Education :: FHA Loans :: Registration :: Down Payment Assistance :: Company NewsLetters :: Request Loan Status :: Calculators :: Loan Process :: Disclosure Forms :: FAQ :: Contact Us :: Privacy Policy :: About Us :: Tell-A-Friend :: Credit Report :: Pay Now!! :: Marketplace :: Home :: We lend in the following states: California and Louisiana
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