Thursday, October 17, 2019
|
House value eppraisal


We offer the lowest
monthly mortgage insurance
in the industry


MLO: 10046034

Ted

Ted Gehrke

Director of Mortgages

ND Lic # NDMLO240314
NMLS #240314
House value eppraisal


We offer the lowest
monthly mortgage insurance
in the industry


MLO: 10046034

Ted

Ted Gehrke

Director of Mortgages

ND Lic # NDMLO240314
NMLS #240314

Interest only mortgage

An interest-only mortgage provides flexibility to the borrower during the early years of the loan. Borrowers can pay only interest, or can choose to repay some portion of the loan balance as they see fit. However, interest-only payments only last for an initial period of years, then the amount borrowed must be repaid over a shorter period of time. This change may produce a significant increase in payments.

Loan Information  
  Zip Code
  Loan Amount ($)
  Interest Rate

Property Information
  Monthly Real Estate Taxes
  Monthly Hazard Insurance
  Monthly Mortgage Insurance
  Monthly Homeowners Assoc Dues
 
 
 
 


This calculator estimates monthly interest-only payments. The results displayed above are only estimates and cannot be used to determine actual loan costs or be used as a guarantee. Please consult your tax advisor for information on the deductibility of interest for tax purposes. Refinancing or taking out a home equity loan or line of credit may increase the total number of monthly payments and the total amount paid when comparing to your current situation.
Print  

CO Direct: 720-775-9866 |
Desert Equity Lending, LLC. MB-0906989 | 9856 E. Aster Dr., Scottsdale AZ 85260
NMLS 177369
LoanProfessionals.com All Rights Reserved.

CO Direct: 720-775-9866 |
Desert Equity Lending, LLC. MB-0906989 | 9856 E. Aster Dr., Scottsdale AZ 85260
NMLS 177369
LoanProfessionals.com All Rights Reserved.