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.  Absolute Mortgage Company - P O Box 4713 - Davis, CA 95617 CA License #: 01158604 Office Phone: (530) 756-7653 Cell Phone: (530) 756-7000 Fax: (530) 297-5626 :: Apply Now :: Rent Vs. Buy Calculator :: Calculators :: Registration :: Loan Process :: FAQ :: Contact Us :: About Us :: Tell-A-Friend :: Marketplace :: Home :: We lend in the following states: CA 
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