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Interest Only Payments

This calculator will help determine what the amortization schedule will be for an interest only mortgage loan. Use this calculator to evaluate the impact of principal payment and to look at the interest cost of the loan.

Calculations

Mortgage Amount:		$
Term of loan:		Years
Interest only period:		Years
Interest Rate:		%

Your Results

Interest Only Monthly Payment:	$	708.33

Click HERE for monthly amortization schedule
Click HERE for yearly amortization schedule
The accuracy and use of this calculator is not guaranteed.

Contact Info

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ERIC S HARLINGTON
Certified Mortgage Planner, Br Manager

phone. 253-848-2136
fax. 866-849-7484

Mortgage Tools
	Mortgage Glossary Become more familiar with all the terms used in the Loan Process Click Here

	Mortgage Calculators Better understand your loan options using mortgage calculators! Click Here

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