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  Interest Only Payment Calculator
Assumptions: 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. Phone: 408-986-1798 | Fax: 408-986-1766 | Email: mike@michael-ryan.com
Michael Ryan & Associates
1400 Coleman Ave. Suite F-17, Santa Clara, CA 95050
California Department of Real Estate License # 01090891 (916) 227-0770
Michael Ryan & Associates can offer expert insight into a wide variety of loans for California Residents including: Mortgage Loans | Home Loans | Business Loans | Home Equity | Refinance | Construction | Rehab Loans | Real Estate Loans| Commercial Property Loans | Small Business Loans | IRA Loans | Purchase Money | Reverse Mortgage Loans | Rent 2 Own | Delayed Mortgage PlanTM | Investment Property Loans in: California | Alaska | Hawaii | Oregon | Connecticut | Oklahoma | New Jersey | Pennsylvania | pending in Washington and Texas
Nationwide: Commercial | Small Business | IRA 
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