Apply Now! Current Rates
 
 

 

Lower Your Monthly Payments by 45% with an Interest Only Loan...

Mike Gerson
President

 

Compare Interest Only to a Traditional, 30 Year Mortgage…

Loan Amount

30 Year Payment 6%

Interest Only Payment

Annual Savings

$150,000

$900

$550

$4,200

$300,000

$1,800

$1,050

$9,000

$500,000

$3,000

$1,700

$15,600

This chart is for informational example purposes only. Your payment may be different.

Interest Only Mortgage Rate Calculator

Flexible - You choose to pay interest only or principal and interest with no prepayment penalty.

Freedom - Lower payment equals more disposable income. Free up cash for investments, pay off credit cards, tuition, home improvement, savings or use for any purpose.

Qualify for a larger home - Lower payment qualifies for a larger, more expensive home while maximizing appreciation and tax deductions.

How Interest Only Works - Pay only the interest for the initial fixed-rate period of 3, 5, 7 or 10 years can choose to pay more towards principal at any time.