A Division of Finance of America Mortgage LLC - NMLS 1071. QUALITY FUNDING ©2015 A division of Finance of America Mortgage LLC Finance of America NMLS #1071
Quality Funding
Brian Kent Conner  MLO #324072
PHONE:  (925) 926-1290 DIRECT:  925-200-4610
37 Quail Court , Suite 301, Walnut Creek, CA 94596

Interest Only Calculator

Calculate interest only mortgage payments by inserting the appropriate loan values in the calculator fields below. The monthly savings on interest only loans may be significant compared to traditional fixed rate mortgages so you owe it to yourself to learn more about the benefits & risks of interest only home loan programs.

Mortgage and Expense Information

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Resulting Payments

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What is an Interest Only Loan? An Interest-Only loan is a home loan program where you have an option to make "interest-only" payments for a defined period of the loan. The term "interest-only" does not mean not mean a consumer will never have to repay the principal amount of the loan. Usually there is a term in which you will pay only interest. After that term, you would then have to pay both interest and principle. Interest only loans generally use a variable interest rate.

Brian Conner
QUALITY FUNDING ©2015 A division of Finance of America Mortgage LLC | Equal Hous
Ph: (925) 926-1290Fax:925-926-1298
37 Quail Court , Suite 301
Walnut Creek, CA 94596 US
MLO #324072 NMLS 81395
www.qualityfunds.com
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