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  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.  First Liberty Mortgage Company, LLC - 180 West Main Street - Clinton, CT 06413 Office Phone: (860) 664-1855 Fax: (860) 664-9590 FIRST LIBERTY MORTGAGE COMPANY, LLC 5 Commandant Gade 180 West Main Street St. Thomas, USVI 00802 Clinton, CT 06413 340-774-1101 860-664-1855 United States Virgin Islands - Connecticut - Vermont - Rhode Island - Florida © 2010 Myers Internet All Rights Reserved Powered by: Myers Internet | Admin Login |
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