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Why Select an Interest Only Mortgage?

Why Select an Interest Only Mortgage?

Michael Jensen, Mortgage and Finance Guru
By , Mortgage and Finance Guru
Edited by Harry Jensen
About the author
Michael Jensen, Mortgage and Finance Guru

Michael is the co-founder of FREEandCLEAR. Michael possesses extensive knowledge about mortgages and finance and has been writing about mortgages for nearly a decade. His work has been featured in leading national and industry publications. More about Michael

Monthly Mortgage Payment for $380,000 Mortgage

Monthly Mortgage Payment $2,125 $1,700 $1,275 $850 $425 $0
  • $831
    3/1 Interest Only ARM
  • $871
    5/1 Interest Only ARM
  • $950
    7/1 Interest Only ARM
  • $1,029
    10 / 1 Interest Only ARM
  • $1,501
    3/1 ARM
  • $1,526
    5/1 ARM
  • $1,551
    7/1 ARM
  • $1,628
    10 / 1 ARM
  • $1,760
    30 Year Fixed Rate
Mortgage Program
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