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  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.  Infinity Mortgage Company, Inc. - 406 Willard Street - Quincy, MA 02169 Office Phone: (617) 328-2020 Fax: (617-328-7379 Toll Free Phone: (888) 463-4040 Rates and program terms subject to change without notice. 
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