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.
Will Rudloff Mortgage Team - 54 Fox Valley Drive Serving the Orange Park Middleburg And the Greater Jacksonville Area - Orange Park, FL 32073 Office Phone: (904) 298-3015 Fax: 904-272-3806 call first Cell Phone: 904-874-4416 Toll Free Phone: 1-877-360-2027 E-Mail: mrwillfromjacksonville@comcast.net See mr. Will: http://www.youtube.com/watch?v=XPHV-guG2YE
First Time home buyer. Ask about our free mortgage review.http://www.youtube.com/watch?v=PWDN5gZs49QWe also do Reverse Mortgages for seniors Licensed Mortgage Brokerage Business Serving Orange Park and the greater Jacksonville area. Where there is a "Will" there is a way!!
