Atlas Mortgage Funding, LLC - Your Personal Mortgage Consultants For Life

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.

Atlas Mortgage Funding, LLC - 7136 Southeast Osprey Street - Hobe Sound, FL 33455
Office Phone: (772) 545-3138 Fax: (772) 545-3438 Toll Free Phone: (888) 602-8527
Email: info@atlasmortgagefunding.com

We are a Licensed in the following states:FL (License# MBB 0400967). NH (Licensed by the NH Banking Department, License# 10390-MBR), ME (CSO7272), CT(1st Mortgage License# 14888 & 2nd Mortgage License# 14889), MA (Licensed by The Commonwealth Of Massachusetts, License# MB5002). We can also help secure financing for FHA, VA & Reverse Mortgages. We can also help secure financing in the following states: NY, NJ, RI, VT, PA, CO, OH, IN, KY, MT, WV, TN, VA, NC, SC, AL, MS, LA, GA, AR, MN, MO, WI, TX, OK, KS, ND, SD, WY, WA, MD, DC, DE, IL, OR, NV, IA, MI, NE, NM, AZ, UT, ID, CA, AK, HI, Puerto Rico & Guam.