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Calculators

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Please try our wide variety of interactive financial problem solvers. Simply enter your criteria and you'll get your questions answered with dynamic graphs and personalized reports.

Compare An Interest-Only Versus Traditional Mortgage

An interest-only mortgage may be enticing due to lower initial payments than a traditional mortgage. However, when the interest-only loan begins to amortize after 5, 10 or 20 years then your monthly payments will be higher. Use this calculator to determine the monthly payments, timing and total interest paid with each loan type.


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