Interest Only Payment Option Calculator

Pinnacle One Lending, LLC

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Interest Only Payment Calculator

Loan Amount:
Interest Rate¹:		%

Payment Options
30-Year Principal and Interest Payment:	$599.55
Interest Only Payment²:	$500.00
Monthly Savings³:	$99.55

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.

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CPA Advantage Realty, LLC specializes in Homes and real estate in the Phoenix metro area including, Scottsdale, Gilbert, Tempe, Chandler, Mesa, Phoenix, Peoria, Ahwatukee, Gold Canyon, Apache Junction, Glendale, Carefree, Cave Creek, Queen Creek, Glendale, Surprise, and Laveen, Arizona.

CPA Advantage Realty, LLC is licensed to provide real estate brokerage services in the State of Arizona. Although CPA Advantage Realty, LLC is owned and operated by an individual who is duly licensed as a certified public accountant in the State of Arizona, CPA Advantage Realty, LLC is not a certified public accountant firm and is not regulated by the Arizona State Board of Accountancy.