Residential Acceptance Network
Contact Us Get Accepted Now Program Options Payment Relief Program Purchase Refinance
Customer Login
Home Contact Us The Funding Pool Home Purchase Programs Refinance Programs Customer For Life Benefit Get Accepted Now Employment About Us
Payment Calculator
Length yrs
Interest %
Loan Amt
Ann Tax
Ann Ins
Results
Princ + Int
Tax
Insurance
Total Pmt
Calculations by this tool are believed to be accurate, yet are not guaranteed.
See More Calculators
 

Convertible Balloon Mortgage 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
 

Equal Housing Lender. © 2010 Residential Acceptance Network. All rights reserved. Designed and powered by Etrafficers.

Home | Contact Us | License| About Us | Site Map