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Interest Only Payment Calculator
Assumptions: 1 The interest-only payment and the monthly savings will change as the interest rate changes. Rates are for calculation purposes only, please call your loan officer for rate quotes. 2 The interest-only payment option is only available during the initial interest only payment period. This is only in the first ten to fifteen years. Some programs have shorter initial interest only periods. For example: on a 5/1 ARM, the interest-only period may be only the first five years. 3 Monthly savings is based on the thirty-year, amortized principal and interest payment. Cobalt Financial Corp - 10251 Vista Sorrento Pkwy - San Diego, CA 92121 Office Phone: (760) 602-2900 Fax: (760) 602-0014 Toll Free Phone: (800) 788-6522 Privacy At all times, we respect the customers privacy. We do not sell, share, or otherwise distribute any customer information, except in connection with a specific loan approval request and only with properly targeted lenders. We do not database our customer information for others to use in marketing or co-marketing. We pride ourselves in soliciting your business in a proper manner and with the intention of providing useful information. If at any time, you are excessively bothered, please let us know by phone, fax, email or just an ordinary letter. We lend in the following states: CA 
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