![]() |
![]() |
![]() |
|
Payment Option ARM Calculator
Effective Interest Rate4 (Index + Margin): 5.122% Assumptions: 1 The low initial Minimum Monthly Payment is calculated based on the low initial start rate. Rates are for calculation purposes only, please call your loan officer for rate quotes. 2 Paying the Minimum Monthly Payment will result in deferred interest, which will be added to the principal balance and increase your loan amount. This is called negative amortization. For the first 5 years the minimum payment will increase 7.5% over the previous year. 3 The Monthly Savings is calculated using the current Index + Margin. Rate increases or decreases are not computed. Monthly Savings compares the 30 Year Payment to the Minimum Payment. 4 The Effective Interest Rate is the rate the Lender charges each month. It is equal to the Index Rate + Margin. The Index + Margin yield may change each month as the Index rate changes. :: Featured Listings :: MLS Search :: Listings By Email :: Property Organizer Login :: Buyer's Resources :: Dream House Finder :: Free Buyer Reports :: Zillow :: Schools :: Zillow :: Walnut Creek Blog :: Partner Directory :: Contact :: Personal Info :: Walnut Creek :: REO Listings :: Link Exchange Program :: An Equal Opportunity Company. Equal Housing Opportunity. All rights reserved. Walnut Creek Homes and Real Estate property listings by Luis Ramirez-Agudelo, your Walnut Creek CA real estate professional. Luis also specializes in homes and properties in Contra Costa County, East Bay Area, and Northern California. You can find great local California real estate information on Localism.com Luis Ramirez-Agudelo is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business.
© 2010 Myers Internet All Rights Reserved Powered by: Myers Internet | Admin Login |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||