Interest Only Payment Calculator

Loan Amount:
Interest Rate1:		%

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.

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Supreme Lending - 9514 Console Suite 101 - San Antonio, TX 78229
Office Phone: (210) 692-7500 Fax: (210) 692-7528 Cell Phone: (210) 421-3479
Toll Free Phone: 877-692-3863

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Loan product availability is subject to loan amount and qualification of borrower. Not every applicant qualifies or is eligible for every loan program. Some products may not be available in all states. Loan approval and rate are dependent on borrower credit, collateral, and financial history. All loan programs, terms and rates are subject to change without notice. Arkansas Mortgage Banker and Broker License #12046. Licensed by Department of Corporations under the California Residential Mortgage Lending Act License #4130655. Connecticut Mortgage Lender License - 1st: #196266, 2nd: #20111. District of Columbia Mortgage Dual Authority Licensee #MLB 6594. Florida Correspondent Mortgage Lender License #0702753. Georgia Residential Mortgage License #22114. Iowa Mortgage Banker/Broker License #MBK-2005-0240. Idaho Mortgage Broker/Lender License #MBL-6118. Illinois Residential Mortgage License #MB.6760323. Kansas Mortgage Company License #2006-5069. Louisiana Lender License #RML 1615. Maryland Lender License #11795. Michigan Broker License #FL-0012745. Minnesota Residential Mortgage Originator License #20618876. Mississippi License # ML/903941/2009. Missouri Residential Mortgage Licensee. Nebraska Mortgage Banker License #1965. New Mexico Lender/Broker License #1713. North Carolina Lender License #L-122702. North Dakota Money Broker License #MB101798. Ohio Mortgage Lender License #MB.803730. Oregon Lender License #ML-4265. South Carolina Supervised Lender License #S-5, 839. South Dakota Mortgage Lender License #4811. Tennessee Mortgage Banker/Broker License #3101. Texas Mortgage Banker Registration #45194 at 17290 Preston Road, Suite 300, Dallas, TX 75252. Utah Mortgage Lender License #5868484-MLCO. Licensed by the Virginia State Corporation Commission #MLB1329. Washington Consumer Loan License #520-CL-50148. Wisconsin Mortgage Banker License #214616. Wyoming Mortgage Lender License # 960. © 2009 Everett Financial, Inc. dba Supreme Lending. All rights reserved. © 2009 Everett Financial, Inc. dba Supreme Lending at 17290 Preston Rd., #300, Dallas, TX 75252. All rights reserved.



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