Conventional Versus "Interest Only " Loans Calculator
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This calculator allows you compare interest only versus conventional amortized loans. Enter the balance and rate for each loan. Clicking the
"IOP"
button calculates the interest only payment Clicking the
"30"
or
"15"
buttons generates the payments for 30 and 15 year fixed rate loans respectively.
IntOnly Loan
Conv Loan
Balance :
Balance :
Rate :
Rate :
Payment :
Payment :
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