Balloon Payment Calculator

5/25 and 7/23 convertible balloon mortgages are growing in popularity since they provide lower rates than conventional 30 year mortgages while still giving a fixed payment schedule for 5 or more years. The risk, of course, is what happens after the initial fixed period is over and you have the possibility of converting your loan. This calculator is designed to try to answer those questions.

Calculation Data
Principal Balance
Type of Loan
Initial Interest %
Monthly Pre-payment during initial fixed period
 
Linda Lewis
Homestate Mortgage
3801 Centerpoint Drive, Suite 100
Anchorage , AK 99503
Direct: (907) 273-7791
Fax: (907) 273-7215
Cell: 907-529-7681
Equal Housing Lender. © 2008 Homestate Mortgage Company. Trade/service marks are the property of Homestate Mortgage Company and/or its subsidiaries. Back to Top | Apply Now | Contact Us | Home | Privacy | Licensing DESIGNED AND POWERED BY ETRAFFICERS, LLC.