Interest-Only Payment Comparison

Enter your mortgage loan rate (APR):

Monthly difference between the two payment terms:

(the following links will open a new window)

Fixed-rate vs. interest-only calculation:
http://www.dinkytown.net/java/MortgageFixedvsIO.html

Interest-only mortgage loan calculation:
http://www.dinkytown.net/java/MortgageInterestOnly.html

Increasing your mortgage payment / mortgage payoff:
http://www.dinkytown.net/Java/MortgagePayoff.html

Mortgage Tax Savings Calculations:
http://www.dinkytown.net/java/MortgageTaxes.html

Bi-Weekly Payments Calculator:
http://www.dinkytown.net/java/ExistingBiweekly.html

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