Payment Option ARM Calculator

Loan Amount: $ Start Rate1: %

Current Index: % Margin: %

¹ The low initial Minimum Monthly Payment is calculated based on the low initial start rate. Rates are for calculation purposes only, please call your loan officer for rate quotes.

² Paying the Minimum Monthly Payment will result in deferred interest, which will be added to the principal balance and increase your loan amount. This is called negative amortization. For the first 5 years the minimum payment will increase 7.5% over the previous year.

³ The Monthly Savings is calculated using the current Index + Margin. Rate increases or decreases are not computed. Monthly Savings compares the 30 Year Payment to the Minimum Payment.

⁴ The Effective Interest Rate is the rate the Lender charges each month. It is equal to the Index Rate + Margin. The Index + Margin yield may change each month as the Index rate changes.

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Serving all of Texas to fit your needs - Low Rates and Fast Service -
Toll Free Phone: (888)300-3344 Toll Free Phone: (866)320-9640

OFFICES

SAN ANTONIO, TX (210) 826-3344

8301 Broadway Ste 100

McAllen, TX (956) 682-2500

3400 N. McColl Rd., Suite 24

 

 

 

One of San Antonios Top Mortgage Companies as recognized in the

San Antonio Business Journal

http://www.pathfindermortgagegroup.com/Top_20_Residential_20_Mortgage_20_Lender.html

As an added service to Real Estate agents and For Sale By Owners (FSBO's) we invite them to add their listings to our site. If you believe we can be of service to you, please contact your closest branch so we may add your listing to this site. Or email me at johnston@pathfindermtg.com

When looking into different Mortgage Brokers/Mortgage Companies we hope you choose our services. 

Our Path Leads To Your Future.

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