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Interest Only Calculator
   
This interest only calculator will tell you what your payments will be with an interest only loan. It doesn't take into consideration any future adjustments or changes in the specific loan you may have or are interested in getting. As always, we recommend you speak to a qualified loan consultant.
 
Loan amount ?
Interest rate ?
Term (usually 30 or 15 years) ?
     
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   An interest only payment would be ?
$ 750.00
   A standard loan payment (fully    amortized) would be ?
$ 899.33
 
   With an interest only loan, you will save $149.33   a month
 
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