Payment Option ARM Calculator

Loan Amount: $ Start Rate1: %

Current Index: % Margin: %

¹ The low initial Minimum Monthly Payment is calculated based on the low initial start rate. Rates are for calculation purposes only, please call your loan officer for rate quotes.

² Paying the Minimum Monthly Payment will result in deferred interest, which will be added to the principal balance and increase your loan amount. This is called negative amortization. For the first 5 years the minimum payment will increase 7.5% over the previous year.

³ The Monthly Savings is calculated using the current Index + Margin. Rate increases or decreases are not computed. Monthly Savings compares the 30 Year Payment to the Minimum Payment.

⁴ The Effective Interest Rate is the rate the Lender charges each month. It is equal to the Index Rate + Margin. The Index + Margin yield may change each month as the Index rate changes.

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6 Locations in Texas To Serve Your Needs - Low Rates and Fast Service -
Toll Free Phone: (888)300-3344 Toll Free Phone: (866)320-9640

OFFICES

AUSTIN, TX (512) 323-9640

7800 Shoal Creek Blvd Ste 100N

SAN ANTONIO, TX (210) 826-3344

8301 Broadway Ste 100

SAN ANTONIO N.E., TX (210) 366-1441

10202 Heritage Blvd Ste 102

BROWNSVILLE, TX (956) 371-4433

1213 E. Alton Gloor Ste H

MCALLEN, TX (956) 992-0568

801 E. Fern Ste 120 

BANDERA, TX (830) 688-6126

8860 FM 1283

 

As an added service to Real Estate agents and For Sale By Owners (FSBO's) we invite them to add their listings to our site. If you believe we can be of service to you, please contact your closest branch so we may add your listing to this site. Or email me at johnston@pathfindermtg.com

When looking into different Mortgage Brokers/Mortgage Companies we hope you choose our services. 

Our Path Leads To Your Future.

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