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Garrett Mortgage, Inc.

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*All Rates and Terms are Subject to Change

Interest Only Calculator


Mortgage Interest Only Calculator
Loan Amount $
Annual Interest Rate %
Use Rate Value
6 Mo (Posted)*
5 Yr   (Posted)*
Use my Value
Number of Years
Total Number of Payments
Standard Monthly
Payment Amount $

*Interest-Only Monthly
Payment Amount $
Monthly Cashflow Increase $

* Last Posted 6 Month- Interest Only Rate
 Last Posted rate 7/8/2008 5:24:53 PM
6 Month- Interest Only Rate** 6.25%
5-Year Interest Only Rate** 6.0%

**The rates quoted on our website are based on the typical mortgage scenarios. Rates/APRs listed are those that are offered to consumers with "good" credit characteristics as defined by the institution offering the product. Rate/APR and terms may vary based on the credit worthiness of the individual.
             Rates are subject to change without notice.
*The information provided by these calculators is for illustrative purposes only. The information entered may vary from your actual loan or mortgage results. Interest rates are hypothetical and are not meant to represent any specific investment. Rates of return will vary over time, particularly for long-term investments. The calculated results are not guaranteed to be accurate and are in no way endorsed, offered or guaranteed.
   



Georgia Residential Mortgage Licensee #5852
An Equal Housing Opportunity Lender.
   Office 678.772.8221    Fax 770.951.8729