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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. Cobalt Financial Corporation - 11956 Bernardo Plaza #228 - San Diego, CA 92128 Office Phone: (858) 673-0288 :: Rosemarie's Daily Mortgage Blog :: Loan Programs :: Pre-Qualify :: Purchasing :: Refinance :: Apply Now :: Request Loan Status :: Calculators :: Loan Process :: FAQ :: Contact Us :: About Us :: Tell-A-Friend :: Credit Report :: Marketplace :: Home :: Newsletter - July 2010 :: Newsletter - June 2010 :: Newsletter - May 2010 :: Newsletter - April 2010 :: Newsletter - March 2010 :: Newsletter - February 2010 :: Newsletter - January 2010 :: Newsletter - December 2009 :: Newsletter - November 2009 :: Newsletter - October 2009 :: Newsletter - September 2009 :: Newsletter - August 2009 :: Newsletter - July 2009 :: Newsletter - June 2009 :: Newsletter - May 2009 :: Newsletter - April 2009 :: Newsletter - March 2009 :: Newsletter - February 2009 :: Newsletter - January 2009 :: Newsletter - December 2008 :: Newsletter - November 2008 :: We lend in the following states: We are based in California. However, we have worked with clients from all over the country. © 2010 Myers Internet All Rights Reserved Powered by: Myers Internet | Admin Login |
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