For the borrower who wishes to reduce his mortgage payment without suffering a constantly changing ARM, or incurring engative amortization, Inter-Mountain Funding is pleased to offer: FIXED RATE LOANS REQUIRING INTEREST ONLY PAYMENTS FOR:
- 3 Years
- 5 Years
- 7 Years
- 10 Years
These loans minimize cash outlay and maximize one's income tax deduction
For example: a 5-year interest only payment on a $500,000 loan at 5% is $2,083. The full payment would be $2,684. The saving is $601 a month or $7,212 per year, totalling a cash saving of $36,060 over the 5 year period.
970-728-5599 | 800-571-0333