Flores Real Estate Group
PH:  (831) 206-9843
FAX:  (888)-512-3896
956-C San Benito Street
Hollister, CA 95023

Interest Only Calculator

Calculate interest only mortgage payments by inserting the appropriate loan values in the calculator fields below. The monthly savings on interest only loans may be significant compared to traditional fixed rate mortgages so you owe it to yourself to learn more about the benefits & risks of interest only home loan programs.

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What is an Interest Only Loan? An Interest-Only loan is a home loan program where you have an option to make "interest-only" payments for a defined period of the loan. The term "interest-only" does not mean not mean a consumer will never have to repay the principal amount of the loan. Usually there is a term in which you will pay only interest. After that term, you would then have to pay both interest and principle. Interest only loans generally use a variable interest rate.

Raymond Flores
Flores Real Estate Group
Ph: (831) 206-9843Fax:(888)-512-3896
956-C San Benito Street
Hollister, CA 95023 US
BRE License # 01450107
www.floresrealestategroup.net
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