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Our home planning centers: 

Interest-Only Payment Comparison

Enter the amount to borrow: $
30-Year Term amortizied 30-Year Term interest-only
Enter your estimated home lending rate (APR): see rates below % %
Your Monthly Payment: $ $
Payment Difference: $

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Fixed-rate vs. interest-only calculation:

Interest-only mortgage loan calculation:

Increasing your mortgage payment / mortgage payoff:

Mortgage Tax Savings Calculations:

Bi-Weekly Payments Calculator:

Your loan amount is subject to debt/income ratios that lenders use to approve borrowing amounts (see debt/income ratios)

* Calculations are based upon the assumptions you entered. Please note that rounding errors can make a small difference in calculations. Your actual mortgage lending rate may vary depending on your credit quality and lender. The circumstances surrounding your credit and loan qualifications may result in different calculations.