Loan mechanics
Interest-Only vs Amortizing
Compare initial payments and the payment after the IO period.
Your inputs
Dollar amounts are in USD. Starting figures are illustrative. Interest fields are blank for you to enter.
ESTIMATED RESULTS
How this calculation works
IO payment = principal × annual interest ÷ 12; post-IO amortization uses remaining loan term
These results use only the inputs you provide. They do not quote interest pricing, predict an appraisal or confirm financing eligibility.
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