Mortgage Loan with Interest-Only Period Calculator

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Financial Analysis

	Standard	With Interest-Only
Interest-Only Payment	-	$1,062.50
Monthly Payment	$1,247.74	$1,295.19
Payments During Interest-Only Period	$44,918.63	$38,250.00
Average Period Payments	$1,247.74	$1,155.58
Total Monthly Payment	$74,864.39	$69,334.64
Total Interest Paid	$61,814.88	$63,395.14
Interest Savings	$1,580.27	$0.00
Balance at Sale	$186,950.49	$194,060.50

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