Interest Only Payment Calculator

Loan Amount:
Interest Rate1:		%

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.

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Carolina Equity Services - 1121 Pemberton Hill Rd - Apex, NC 27502
Office Phone: (919) 467-6192 Fax: (919) 467-1045 Toll Free Phone: 1-888-308-4405
email address: tony@carolinaequity.com email address: Christine@carolinaequity.com

Carolina Equity Services, Inc. is a proud member of: 

• National Association of Mortgage Brokers (NAMB);
• NC Association of Mortgage Professionals (NCAMP). 
• All members adhere to a strict code of business ethics
• We lend in the following states: NC

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