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. Riverstone Mortgage - 708 Main Street, Suite 880 - Houston, TX 77002 Office Phone: (713) 227-8000 Fax: (713) 227-8004 Toll Free Phone: 1-800-836-5210 We lend in the following states: TEXAS Monday thru Friday - 9am-5pm CST; Nights & Weekends - By Appointment Rates shown are subject to market conditions and may change at any time without notice. Your rate may only be locked by executing a written Rate Lock Agreement & Good Faith Estimate with a licensed loan officer. Call 1-800-836-5210 to execute a rate lock. Not everyone will qualify. Rates shown are for a: purchase, primary residence, single family residence, in Texas, with >/=20% down payment (3.5% for FHA), full income, full asset, full employment documentation, >740 middle credit score (>640 for FHA), with an escrow account, 30 day lock period, without a second lien. Texas State Licenses: Justin S Navaretta, CRMS, TX MB Lic.#81146 & TREC Lic.#0577418; Michael L Gale TX MB Lic.#1665; William R Webb TX LO Lic.#84225. Riverstone Mortgage is a Registered Service Mark. Riverstone Mortgage Partners, LP DBA Riverstone Mortgage, TX MB Entity Lic.#81147. All content on this website is copyrighted and may not be copied or reproduced in full or in part.Mortgage Rates, Houston Mortgage, Austin Mortgage, Dallas Mortgage, San Antonio Mortgage, El Paso Mortgage, Corpus Christi Mortgage, Round Rock Mortgage, Tampa Mortgage, Orlando Mortgage, Tallahassee Mortgage, Dunedin Mortgage, Woodlands Mortgage, Kingwood Mortgage, Sugarland Mortgage 
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