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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.




Golden Mortgage, Inc. - P.O. Box 857 - Morgantown, PA 19543
Office Phone: (610) 913-0885 Fax: (610) 913-1334


Call us or email us at info@goldenmortgageinc.com for all of your Pennsylvania mortgage and refinance needs. 

Servicing all counties in the state of Pennsylvania including: Chester County, Berks County, Lancaster County, Delaware County, Montgomery County, Bucks County, Philadelphia County, Lebanon County, Lehigh County, York County, Schuylkill County, North Hampton County, Carbon County, Monroe County, Luzerne County, Pike County, Lackawanna County, Wayne County, Susquehanna County, Wyoming County, Bradford County, Dauphin County, Northumberland County, Columbia County, Sullivan County, Adams County, Cumberland County, Perry County, Juniata County, Mifflin County, Snyder County, Union County, Lycoming County, Tioga County, Potter County, Clinton County, Centre County, Huntingdon County, Fulton County, Franklin County, Allegheny County, & Erie County just to name a few.

You do not need to come to our office for closing.  We will coordinate closing in an office near you.  Every effort will be made to make obtaining your PA mortgage or refinance as smooth and convenient as possible. 

Licensed by the PA Department of Banking

 



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