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  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.  American Freedom Mortgage A dba of American Freedom Group, Inc. - 7708 North Napa Street - Spokane, WA 99217 Office Phone: (509) 465-5284 Fax: (509) 465-5282 Toll Free Phone: 1-877-654-5237 :: Apply Now :: Search Rates :: Pre-Qualify :: Loan Programs :: Purchasing :: Refinance :: Rate Alert :: Refinance Analysis :: Check Loan Status :: Request Loan Status :: Calculators :: Loan Process :: Library :: FAQ :: Glossary :: Forms :: Contact Us :: About Us :: Tell-A-Friend :: Sweepstakes :: Credit Report :: Marketplace :: Home :: We lend in the following states: WA, ID, OR, MT, CA, CO, NM, AK WA Mortgage Broker License #- 510-MB-26100-26106, Idaho Mortgage Broker License #- MLB 4507, Oregon Mortgage Broker License #- ML-3271, Montana Mortgage Broker License #- 000737, CA Mortgage Broker License #- 603 D295 & 603 D 294, CO Mortgage Broker License #- MB100011028, New Mexico Mortgage Broker License #- 02199, Alaska Mortgage Broker License #- 727423
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