10 Year Interest-Only 7/1 ARM

A 7/1 ARM with a 10 year interest-only period may appeal to borrowers who plan to be in their home less than 10 years.

After reviewing this example, use the interest-only mortgage calculator to help you decide if an interest-only mortgage meets your needs.

Interest-Only Calculator ▼
Loan Amount $
Term	years
Interest Rate	%
Interest-Only for	years
Current Index	%
Margin	%
First Rate Adjustment
Rate is Fixed for	month(s)
Max Rate Increase	%
Subsequent Adjustments
Adjusts Every	month(s)
Max Rate Increase	%
Life of the Loan Limits
Min Interest Rate	%
Max Interest Rate	%
Interest Rate Scenarios
Best Case
Stable
Worst Case
▼ Advanced
▲ Simple

For the worst case interest rates, the minimum monthly payment would increase 28% after 7 years and when the mortgage is fully amortized in year 11, the payment would increase again to $1,957 from an initial payment of $1,057. If the index rate is stable, the minimum monthly payment would stay at $1,057 for the first 10 years and in year 11, the minimum monthly payment would jump 31% to $1,383.

			Stable						Worst			▲
Month	Interest Rate	Index Rate	Payment	Interest	Principal	Balance	Interest Rate	Index Rate	Payment	Interest	Principal	Balance
1	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	5.200%	$1,057	$1,057	$0	$175,000
2	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
3	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
4	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
5	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
6	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
7	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
8	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
9	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
10	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
11	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
12	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
Year 1			$12,687	$12,687	$0				$12,687	$12,687	$0
13	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
14	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
15	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
16	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
17	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
18	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
19	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
20	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
21	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
22	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
23	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
24	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
Year 2			$12,687	$12,687	$0				$12,687	$12,687	$0
25	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
26	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
27	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
28	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
29	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
30	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
31	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
32	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
33	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
34	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
35	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
36	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
Year 3			$12,687	$12,687	$0				$12,687	$12,687	$0
37	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
38	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
39	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
40	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
41	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
42	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
43	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
44	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
45	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
46	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
47	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
48	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
Year 4			$12,687	$12,687	$0				$12,687	$12,687	$0
49	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
50	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
51	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
52	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
53	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
54	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
55	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
56	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
57	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
58	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
59	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
60	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
Year 5			$12,687	$12,687	$0				$12,687	$12,687	$0
61	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
62	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
63	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
64	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
65	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
66	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
67	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
68	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
69	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
70	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
71	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
72	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
Year 6			$12,687	$12,687	$0				$12,687	$12,687	$0
73	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
74	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
75	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
76	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
77	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
78	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
79	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
80	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
81	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
82	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
83	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
84	7.250%	5.200%	$1,057	$1,057	$0	$175,000	7.250%	12.250%	$1,057	$1,057	$0	$175,000
Year 7			$12,687	$12,687	$0				$12,687	$12,687	$0
85	7.250%	5.200%	$1,057	$1,057	$0	$175,000	9.250%	12.250%	$1,349	$1,349	$0	$175,000
86	7.250%	5.200%	$1,057	$1,057	$0	$175,000	9.250%	12.250%	$1,349	$1,349	$0	$175,000
87	7.250%	5.200%	$1,057	$1,057	$0	$175,000	9.250%	12.250%	$1,349	$1,349	$0	$175,000
88	7.250%	5.200%	$1,057	$1,057	$0	$175,000	9.250%	12.250%	$1,349	$1,349	$0	$175,000
89	7.250%	5.200%	$1,057	$1,057	$0	$175,000	9.250%	12.250%	$1,349	$1,349	$0	$175,000
90	7.250%	5.200%	$1,057	$1,057	$0	$175,000	9.250%	12.250%	$1,349	$1,349	$0	$175,000
91	7.250%	5.200%	$1,057	$1,057	$0	$175,000	9.250%	12.250%	$1,349	$1,349	$0	$175,000
92	7.250%	5.200%	$1,057	$1,057	$0	$175,000	9.250%	12.250%	$1,349	$1,349	$0	$175,000
93	7.250%	5.200%	$1,057	$1,057	$0	$175,000	9.250%	12.250%	$1,349	$1,349	$0	$175,000
94	7.250%	5.200%	$1,057	$1,057	$0	$175,000	9.250%	12.250%	$1,349	$1,349	$0	$175,000
95	7.250%	5.200%	$1,057	$1,057	$0	$175,000	9.250%	12.250%	$1,349	$1,349	$0	$175,000
96	7.250%	5.200%	$1,057	$1,057	$0	$175,000	9.250%	12.250%	$1,349	$1,349	$0	$175,000
Year 8			$12,687	$12,687	$0				$16,188	$16,188	$0
97	7.250%	5.200%	$1,057	$1,057	$0	$175,000	11.250%	12.250%	$1,641	$1,641	$0	$175,000
98	7.250%	5.200%	$1,057	$1,057	$0	$175,000	11.250%	12.250%	$1,641	$1,641	$0	$175,000
99	7.250%	5.200%	$1,057	$1,057	$0	$175,000	11.250%	12.250%	$1,641	$1,641	$0	$175,000
100	7.250%	5.200%	$1,057	$1,057	$0	$175,000	11.250%	12.250%	$1,641	$1,641	$0	$175,000
101	7.250%	5.200%	$1,057	$1,057	$0	$175,000	11.250%	12.250%	$1,641	$1,641	$0	$175,000
102	7.250%	5.200%	$1,057	$1,057	$0	$175,000	11.250%	12.250%	$1,641	$1,641	$0	$175,000
103	7.250%	5.200%	$1,057	$1,057	$0	$175,000	11.250%	12.250%	$1,641	$1,641	$0	$175,000
104	7.250%	5.200%	$1,057	$1,057	$0	$175,000	11.250%	12.250%	$1,641	$1,641	$0	$175,000
105	7.250%	5.200%	$1,057	$1,057	$0	$175,000	11.250%	12.250%	$1,641	$1,641	$0	$175,000
106	7.250%	5.200%	$1,057	$1,057	$0	$175,000	11.250%	12.250%	$1,641	$1,641	$0	$175,000
107	7.250%	5.200%	$1,057	$1,057	$0	$175,000	11.250%	12.250%	$1,641	$1,641	$0	$175,000
108	7.250%	5.200%	$1,057	$1,057	$0	$175,000	11.250%	12.250%	$1,641	$1,641	$0	$175,000
Year 9			$12,687	$12,687	$0				$19,688	$19,688	$0
109	7.250%	5.200%	$1,057	$1,057	$0	$175,000	12.250%	12.250%	$1,786	$1,786	$0	$175,000
110	7.250%	5.200%	$1,057	$1,057	$0	$175,000	12.250%	12.250%	$1,786	$1,786	$0	$175,000
111	7.250%	5.200%	$1,057	$1,057	$0	$175,000	12.250%	12.250%	$1,786	$1,786	$0	$175,000
112	7.250%	5.200%	$1,057	$1,057	$0	$175,000	12.250%	12.250%	$1,786	$1,786	$0	$175,000
113	7.250%	5.200%	$1,057	$1,057	$0	$175,000	12.250%	12.250%	$1,786	$1,786	$0	$175,000
114	7.250%	5.200%	$1,057	$1,057	$0	$175,000	12.250%	12.250%	$1,786	$1,786	$0	$175,000
115	7.250%	5.200%	$1,057	$1,057	$0	$175,000	12.250%	12.250%	$1,786	$1,786	$0	$175,000
116	7.250%	5.200%	$1,057	$1,057	$0	$175,000	12.250%	12.250%	$1,786	$1,786	$0	$175,000
117	7.250%	5.200%	$1,057	$1,057	$0	$175,000	12.250%	12.250%	$1,786	$1,786	$0	$175,000
118	7.250%	5.200%	$1,057	$1,057	$0	$175,000	12.250%	12.250%	$1,786	$1,786	$0	$175,000
119	7.250%	5.200%	$1,057	$1,057	$0	$175,000	12.250%	12.250%	$1,786	$1,786	$0	$175,000
120	7.250%	5.200%	$1,057	$1,057	$0	$175,000	12.250%	12.250%	$1,786	$1,786	$0	$175,000
Year 10			$12,687	$12,687	$0				$21,438	$21,438	$0
121	7.250%	5.200%	$1,383	$1,057	$326	$174,674	12.250%	12.250%	$1,957	$1,786	$171	$174,829
122	7.250%	5.200%	$1,383	$1,055	$328	$174,346	12.250%	12.250%	$1,957	$1,785	$173	$174,656
123	7.250%	5.200%	$1,383	$1,053	$330	$174,016	12.250%	12.250%	$1,957	$1,783	$175	$174,482
124	7.250%	5.200%	$1,383	$1,051	$332	$173,685	12.250%	12.250%	$1,957	$1,781	$176	$174,305
125	7.250%	5.200%	$1,383	$1,049	$334	$173,351	12.250%	12.250%	$1,957	$1,779	$178	$174,127
126	7.250%	5.200%	$1,383	$1,047	$336	$173,015	12.250%	12.250%	$1,957	$1,778	$180	$173,947
127	7.250%	5.200%	$1,383	$1,045	$338	$172,677	12.250%	12.250%	$1,957	$1,776	$182	$173,765
128	7.250%	5.200%	$1,383	$1,043	$340	$172,337	12.250%	12.250%	$1,957	$1,774	$184	$173,582
129	7.250%	5.200%	$1,383	$1,041	$342	$171,995	12.250%	12.250%	$1,957	$1,772	$186	$173,396
130	7.250%	5.200%	$1,383	$1,039	$344	$171,651	12.250%	12.250%	$1,957	$1,770	$187	$173,209
131	7.250%	5.200%	$1,383	$1,037	$346	$171,305	12.250%	12.250%	$1,957	$1,768	$189	$173,020
132	7.250%	5.200%	$1,383	$1,035	$348	$170,957	12.250%	12.250%	$1,957	$1,766	$191	$172,828
Year 11			$16,598	$12,555	$4,043				$23,490	$21,318	$2,172
133	7.250%	5.200%	$1,383	$1,033	$350	$170,607	12.250%	12.250%	$1,957	$1,764	$193	$172,635
134	7.250%	5.200%	$1,383	$1,031	$352	$170,254	12.250%	12.250%	$1,957	$1,762	$195	$172,440
135	7.250%	5.200%	$1,383	$1,029	$355	$169,900	12.250%	12.250%	$1,957	$1,760	$197	$172,243
136	7.250%	5.200%	$1,383	$1,026	$357	$169,543	12.250%	12.250%	$1,957	$1,758	$199	$172,044
137	7.250%	5.200%	$1,383	$1,024	$359	$169,184	12.250%	12.250%	$1,957	$1,756	$201	$171,842
138	7.250%	5.200%	$1,383	$1,022	$361	$168,823	12.250%	12.250%	$1,957	$1,754	$203	$171,639
139	7.250%	5.200%	$1,383	$1,020	$363	$168,460	12.250%	12.250%	$1,957	$1,752	$205	$171,434
140	7.250%	5.200%	$1,383	$1,018	$365	$168,095	12.250%	12.250%	$1,957	$1,750	$207	$171,226
141	7.250%	5.200%	$1,383	$1,016	$368	$167,727	12.250%	12.250%	$1,957	$1,748	$210	$171,017
142	7.250%	5.200%	$1,383	$1,013	$370	$167,357	12.250%	12.250%	$1,957	$1,746	$212	$170,805
143	7.250%	5.200%	$1,383	$1,011	$372	$166,985	12.250%	12.250%	$1,957	$1,744	$214	$170,591
144	7.250%	5.200%	$1,383	$1,009	$374	$166,611	12.250%	12.250%	$1,957	$1,741	$216	$170,375
Year 12			$16,598	$12,252	$4,346				$23,490	$21,037	$2,453
145	7.250%	5.200%	$1,383	$1,007	$377	$166,234	12.250%	12.250%	$1,957	$1,739	$218	$170,157
146	7.250%	5.200%	$1,383	$1,004	$379	$165,856	12.250%	12.250%	$1,957	$1,737	$220	$169,937
147	7.250%	5.200%	$1,383	$1,002	$381	$165,474	12.250%	12.250%	$1,957	$1,735	$223	$169,714
148	7.250%	5.200%	$1,383	$1,000	$383	$165,091	12.250%	12.250%	$1,957	$1,732	$225	$169,489
149	7.250%	5.200%	$1,383	$997	$386	$164,705	12.250%	12.250%	$1,957	$1,730	$227	$169,262
150	7.250%	5.200%	$1,383	$995	$388	$164,317	12.250%	12.250%	$1,957	$1,728	$230	$169,032
151	7.250%	5.200%	$1,383	$993	$390	$163,927	12.250%	12.250%	$1,957	$1,726	$232	$168,800
152	7.250%	5.200%	$1,383	$990	$393	$163,534	12.250%	12.250%	$1,957	$1,723	$234	$168,566
153	7.250%	5.200%	$1,383	$988	$395	$163,139	12.250%	12.250%	$1,957	$1,721	$237	$168,329
154	7.250%	5.200%	$1,383	$986	$398	$162,741	12.250%	12.250%	$1,957	$1,718	$239	$168,090
155	7.250%	5.200%	$1,383	$983	$400	$162,341	12.250%	12.250%	$1,957	$1,716	$242	$167,848
156	7.250%	5.200%	$1,383	$981	$402	$161,939	12.250%	12.250%	$1,957	$1,713	$244	$167,604
Year 13			$16,598	$11,926	$4,672				$23,490	$20,719	$2,771
157	7.250%	5.200%	$1,383	$978	$405	$161,534	12.250%	12.250%	$1,957	$1,711	$247	$167,358
158	7.250%	5.200%	$1,383	$976	$407	$161,127	12.250%	12.250%	$1,957	$1,708	$249	$167,109
159	7.250%	5.200%	$1,383	$973	$410	$160,717	12.250%	12.250%	$1,957	$1,706	$252	$166,857
160	7.250%	5.200%	$1,383	$971	$412	$160,305	12.250%	12.250%	$1,957	$1,703	$254	$166,603
161	7.250%	5.200%	$1,383	$969	$415	$159,891	12.250%	12.250%	$1,957	$1,701	$257	$166,346
162	7.250%	5.200%	$1,383	$966	$417	$159,473	12.250%	12.250%	$1,957	$1,698	$259	$166,087
163	7.250%	5.200%	$1,383	$963	$420	$159,054	12.250%	12.250%	$1,957	$1,695	$262	$165,825
164	7.250%	5.200%	$1,383	$961	$422	$158,632	12.250%	12.250%	$1,957	$1,693	$265	$165,560
165	7.250%	5.200%	$1,383	$958	$425	$158,207	12.250%	12.250%	$1,957	$1,690	$267	$165,293
166	7.250%	5.200%	$1,383	$956	$427	$157,779	12.250%	12.250%	$1,957	$1,687	$270	$165,023
167	7.250%	5.200%	$1,383	$953	$430	$157,350	12.250%	12.250%	$1,957	$1,685	$273	$164,750
168	7.250%	5.200%	$1,383	$951	$433	$156,917	12.250%	12.250%	$1,957	$1,682	$276	$164,474
Year 14			$16,598	$11,576	$5,022				$23,490	$20,360	$3,130
169	7.250%	5.200%	$1,383	$948	$435	$156,482	12.250%	12.250%	$1,957	$1,679	$278	$164,195
170	7.250%	5.200%	$1,383	$945	$438	$156,044	12.250%	12.250%	$1,957	$1,676	$281	$163,914
171	7.250%	5.200%	$1,383	$943	$440	$155,604	12.250%	12.250%	$1,957	$1,673	$284	$163,630
172	7.250%	5.200%	$1,383	$940	$443	$155,161	12.250%	12.250%	$1,957	$1,670	$287	$163,343
173	7.250%	5.200%	$1,383	$937	$446	$154,715	12.250%	12.250%	$1,957	$1,667	$290	$163,053
174	7.250%	5.200%	$1,383	$935	$448	$154,267	12.250%	12.250%	$1,957	$1,664	$293	$162,760
175	7.250%	5.200%	$1,383	$932	$451	$153,815	12.250%	12.250%	$1,957	$1,662	$296	$162,464
176	7.250%	5.200%	$1,383	$929	$454	$153,362	12.250%	12.250%	$1,957	$1,658	$299	$162,165
177	7.250%	5.200%	$1,383	$927	$457	$152,905	12.250%	12.250%	$1,957	$1,655	$302	$161,863
178	7.250%	5.200%	$1,383	$924	$459	$152,446	12.250%	12.250%	$1,957	$1,652	$305	$161,558
179	7.250%	5.200%	$1,383	$921	$462	$151,983	12.250%	12.250%	$1,957	$1,649	$308	$161,249
180	7.250%	5.200%	$1,383	$918	$465	$151,519	12.250%	12.250%	$1,957	$1,646	$311	$160,938
Year 15			$16,598	$11,199	$5,398				$23,490	$19,954	$3,536
181	7.250%	5.200%	$1,383	$915	$468	$151,051	12.250%	12.250%	$1,957	$1,643	$315	$160,623
182	7.250%	5.200%	$1,383	$913	$471	$150,580	12.250%	12.250%	$1,957	$1,640	$318	$160,306
183	7.250%	5.200%	$1,383	$910	$473	$150,107	12.250%	12.250%	$1,957	$1,636	$321	$159,985
184	7.250%	5.200%	$1,383	$907	$476	$149,631	12.250%	12.250%	$1,957	$1,633	$324	$159,660
185	7.250%	5.200%	$1,383	$904	$479	$149,151	12.250%	12.250%	$1,957	$1,630	$328	$159,333
186	7.250%	5.200%	$1,383	$901	$482	$148,669	12.250%	12.250%	$1,957	$1,627	$331	$159,002
187	7.250%	5.200%	$1,383	$898	$485	$148,184	12.250%	12.250%	$1,957	$1,623	$334	$158,667
188	7.250%	5.200%	$1,383	$895	$488	$147,697	12.250%	12.250%	$1,957	$1,620	$338	$158,330
189	7.250%	5.200%	$1,383	$892	$491	$147,206	12.250%	12.250%	$1,957	$1,616	$341	$157,988
190	7.250%	5.200%	$1,383	$889	$494	$146,712	12.250%	12.250%	$1,957	$1,613	$345	$157,644
191	7.250%	5.200%	$1,383	$886	$497	$146,215	12.250%	12.250%	$1,957	$1,609	$348	$157,295
192	7.250%	5.200%	$1,383	$883	$500	$145,715	12.250%	12.250%	$1,957	$1,606	$352	$156,944
Year 16			$16,598	$10,795	$5,803				$23,490	$19,496	$3,994
193	7.250%	5.200%	$1,383	$880	$503	$145,213	12.250%	12.250%	$1,957	$1,602	$355	$156,588
194	7.250%	5.200%	$1,383	$877	$506	$144,707	12.250%	12.250%	$1,957	$1,599	$359	$156,229
195	7.250%	5.200%	$1,383	$874	$509	$144,198	12.250%	12.250%	$1,957	$1,595	$363	$155,867
196	7.250%	5.200%	$1,383	$871	$512	$143,686	12.250%	12.250%	$1,957	$1,591	$366	$155,500
197	7.250%	5.200%	$1,383	$868	$515	$143,171	12.250%	12.250%	$1,957	$1,587	$370	$155,130
198	7.250%	5.200%	$1,383	$865	$518	$142,653	12.250%	12.250%	$1,957	$1,584	$374	$154,756
199	7.250%	5.200%	$1,383	$862	$521	$142,131	12.250%	12.250%	$1,957	$1,580	$378	$154,379
200	7.250%	5.200%	$1,383	$859	$524	$141,607	12.250%	12.250%	$1,957	$1,576	$382	$153,997
201	7.250%	5.200%	$1,383	$856	$528	$141,079	12.250%	12.250%	$1,957	$1,572	$385	$153,612
202	7.250%	5.200%	$1,383	$852	$531	$140,549	12.250%	12.250%	$1,957	$1,568	$389	$153,222
203	7.250%	5.200%	$1,383	$849	$534	$140,014	12.250%	12.250%	$1,957	$1,564	$393	$152,829
204	7.250%	5.200%	$1,383	$846	$537	$139,477	12.250%	12.250%	$1,957	$1,560	$397	$152,432
Year 17			$16,598	$10,360	$6,238				$23,490	$18,978	$4,512
205	7.250%	5.200%	$1,383	$843	$540	$138,937	12.250%	12.250%	$1,957	$1,556	$401	$152,030
206	7.250%	5.200%	$1,383	$839	$544	$138,393	12.250%	12.250%	$1,957	$1,552	$406	$151,625
207	7.250%	5.200%	$1,383	$836	$547	$137,846	12.250%	12.250%	$1,957	$1,548	$410	$151,215
208	7.250%	5.200%	$1,383	$833	$550	$137,296	12.250%	12.250%	$1,957	$1,544	$414	$150,801
209	7.250%	5.200%	$1,383	$829	$554	$136,742	12.250%	12.250%	$1,957	$1,539	$418	$150,383
210	7.250%	5.200%	$1,383	$826	$557	$136,185	12.250%	12.250%	$1,957	$1,535	$422	$149,961
211	7.250%	5.200%	$1,383	$823	$560	$135,625	12.250%	12.250%	$1,957	$1,531	$427	$149,534
212	7.250%	5.200%	$1,383	$819	$564	$135,061	12.250%	12.250%	$1,957	$1,526	$431	$149,103
213	7.250%	5.200%	$1,383	$816	$567	$134,494	12.250%	12.250%	$1,957	$1,522	$435	$148,668
214	7.250%	5.200%	$1,383	$813	$571	$133,923	12.250%	12.250%	$1,957	$1,518	$440	$148,228
215	7.250%	5.200%	$1,383	$809	$574	$133,349	12.250%	12.250%	$1,957	$1,513	$444	$147,784
216	7.250%	5.200%	$1,383	$806	$578	$132,772	12.250%	12.250%	$1,957	$1,509	$449	$147,335
Year 18			$16,598	$9,892	$6,706				$23,490	$18,393	$5,097
217	7.250%	5.200%	$1,383	$802	$581	$132,191	12.250%	12.250%	$1,957	$1,504	$453	$146,881
218	7.250%	5.200%	$1,383	$799	$585	$131,606	12.250%	12.250%	$1,957	$1,499	$458	$146,423
219	7.250%	5.200%	$1,383	$795	$588	$131,018	12.250%	12.250%	$1,957	$1,495	$463	$145,960
220	7.250%	5.200%	$1,383	$792	$592	$130,426	12.250%	12.250%	$1,957	$1,490	$467	$145,493
221	7.250%	5.200%	$1,383	$788	$595	$129,831	12.250%	12.250%	$1,957	$1,485	$472	$145,021
222	7.250%	5.200%	$1,383	$784	$599	$129,232	12.250%	12.250%	$1,957	$1,480	$477	$144,544
223	7.250%	5.200%	$1,383	$781	$602	$128,630	12.250%	12.250%	$1,957	$1,476	$482	$144,062
224	7.250%	5.200%	$1,383	$777	$606	$128,024	12.250%	12.250%	$1,957	$1,471	$487	$143,575
225	7.250%	5.200%	$1,383	$773	$610	$127,414	12.250%	12.250%	$1,957	$1,466	$492	$143,083
226	7.250%	5.200%	$1,383	$770	$613	$126,801	12.250%	12.250%	$1,957	$1,461	$497	$142,586
227	7.250%	5.200%	$1,383	$766	$617	$126,184	12.250%	12.250%	$1,957	$1,456	$502	$142,084
228	7.250%	5.200%	$1,383	$762	$621	$125,563	12.250%	12.250%	$1,957	$1,450	$507	$141,577
Year 19			$16,598	$9,390	$7,208				$23,490	$17,732	$5,758
229	7.250%	5.200%	$1,383	$759	$625	$124,939	12.250%	12.250%	$1,957	$1,445	$512	$141,065
230	7.250%	5.200%	$1,383	$755	$628	$124,310	12.250%	12.250%	$1,957	$1,440	$517	$140,548
231	7.250%	5.200%	$1,383	$751	$632	$123,678	12.250%	12.250%	$1,957	$1,435	$523	$140,025
232	7.250%	5.200%	$1,383	$747	$636	$123,042	12.250%	12.250%	$1,957	$1,429	$528	$139,497
233	7.250%	5.200%	$1,383	$743	$640	$122,402	12.250%	12.250%	$1,957	$1,424	$533	$138,963
234	7.250%	5.200%	$1,383	$740	$644	$121,759	12.250%	12.250%	$1,957	$1,419	$539	$138,424
235	7.250%	5.200%	$1,383	$736	$648	$121,111	12.250%	12.250%	$1,957	$1,413	$544	$137,880
236	7.250%	5.200%	$1,383	$732	$651	$120,460	12.250%	12.250%	$1,957	$1,408	$550	$137,330
237	7.250%	5.200%	$1,383	$728	$655	$119,804	12.250%	12.250%	$1,957	$1,402	$556	$136,774
238	7.250%	5.200%	$1,383	$724	$659	$119,145	12.250%	12.250%	$1,957	$1,396	$561	$136,213
239	7.250%	5.200%	$1,383	$720	$663	$118,482	12.250%	12.250%	$1,957	$1,391	$567	$135,646
240	7.250%	5.200%	$1,383	$716	$667	$117,814	12.250%	12.250%	$1,957	$1,385	$573	$135,073
Year 20			$16,598	$8,849	$7,749				$23,490	$16,986	$6,504
241	7.250%	5.200%	$1,383	$712	$671	$117,143	12.250%	12.250%	$1,957	$1,379	$579	$134,495
242	7.250%	5.200%	$1,383	$708	$675	$116,468	12.250%	12.250%	$1,957	$1,373	$585	$133,910
243	7.250%	5.200%	$1,383	$704	$680	$115,788	12.250%	12.250%	$1,957	$1,367	$590	$133,320
244	7.250%	5.200%	$1,383	$700	$684	$115,105	12.250%	12.250%	$1,957	$1,361	$597	$132,723
245	7.250%	5.200%	$1,383	$695	$688	$114,417	12.250%	12.250%	$1,957	$1,355	$603	$132,121
246	7.250%	5.200%	$1,383	$691	$692	$113,725	12.250%	12.250%	$1,957	$1,349	$609	$131,512
247	7.250%	5.200%	$1,383	$687	$696	$113,029	12.250%	12.250%	$1,957	$1,343	$615	$130,897
248	7.250%	5.200%	$1,383	$683	$700	$112,329	12.250%	12.250%	$1,957	$1,336	$621	$130,276
249	7.250%	5.200%	$1,383	$679	$705	$111,624	12.250%	12.250%	$1,957	$1,330	$628	$129,648
250	7.250%	5.200%	$1,383	$674	$709	$110,915	12.250%	12.250%	$1,957	$1,323	$634	$129,014
251	7.250%	5.200%	$1,383	$670	$713	$110,202	12.250%	12.250%	$1,957	$1,317	$640	$128,374
252	7.250%	5.200%	$1,383	$666	$717	$109,485	12.250%	12.250%	$1,957	$1,310	$647	$127,727
Year 21			$16,598	$8,268	$8,330				$23,490	$16,143	$7,347
253	7.250%	5.200%	$1,383	$661	$722	$108,763	12.250%	12.250%	$1,957	$1,304	$654	$127,073
254	7.250%	5.200%	$1,383	$657	$726	$108,037	12.250%	12.250%	$1,957	$1,297	$660	$126,413
255	7.250%	5.200%	$1,383	$653	$730	$107,307	12.250%	12.250%	$1,957	$1,290	$667	$125,746
256	7.250%	5.200%	$1,383	$648	$735	$106,572	12.250%	12.250%	$1,957	$1,284	$674	$125,072
257	7.250%	5.200%	$1,383	$644	$739	$105,833	12.250%	12.250%	$1,957	$1,277	$681	$124,391
258	7.250%	5.200%	$1,383	$639	$744	$105,089	12.250%	12.250%	$1,957	$1,270	$688	$123,703
259	7.250%	5.200%	$1,383	$635	$748	$104,341	12.250%	12.250%	$1,957	$1,263	$695	$123,009
260	7.250%	5.200%	$1,383	$630	$753	$103,588	12.250%	12.250%	$1,957	$1,256	$702	$122,307
261	7.250%	5.200%	$1,383	$626	$757	$102,830	12.250%	12.250%	$1,957	$1,249	$709	$121,598
262	7.250%	5.200%	$1,383	$621	$762	$102,069	12.250%	12.250%	$1,957	$1,241	$716	$120,882
263	7.250%	5.200%	$1,383	$617	$767	$101,302	12.250%	12.250%	$1,957	$1,234	$723	$120,158
264	7.250%	5.200%	$1,383	$612	$771	$100,531	12.250%	12.250%	$1,957	$1,227	$731	$119,428
Year 22			$16,598	$7,644	$8,954				$23,490	$15,191	$8,299
265	7.250%	5.200%	$1,383	$607	$776	$99,755	12.250%	12.250%	$1,957	$1,219	$738	$118,689
266	7.250%	5.200%	$1,383	$603	$780	$98,975	12.250%	12.250%	$1,957	$1,212	$746	$117,943
267	7.250%	5.200%	$1,383	$598	$785	$98,190	12.250%	12.250%	$1,957	$1,204	$753	$117,190
268	7.250%	5.200%	$1,383	$593	$790	$97,400	12.250%	12.250%	$1,957	$1,196	$761	$116,429
269	7.250%	5.200%	$1,383	$588	$795	$96,605	12.250%	12.250%	$1,957	$1,189	$769	$115,660
270	7.250%	5.200%	$1,383	$584	$800	$95,805	12.250%	12.250%	$1,957	$1,181	$777	$114,883
271	7.250%	5.200%	$1,383	$579	$804	$95,001	12.250%	12.250%	$1,957	$1,173	$785	$114,098
272	7.250%	5.200%	$1,383	$574	$809	$94,192	12.250%	12.250%	$1,957	$1,165	$793	$113,305
273	7.250%	5.200%	$1,383	$569	$814	$93,378	12.250%	12.250%	$1,957	$1,157	$801	$112,505
274	7.250%	5.200%	$1,383	$564	$819	$92,559	12.250%	12.250%	$1,957	$1,148	$809	$111,696
275	7.250%	5.200%	$1,383	$559	$824	$91,735	12.250%	12.250%	$1,957	$1,140	$817	$110,878
276	7.250%	5.200%	$1,383	$554	$829	$90,906	12.250%	12.250%	$1,957	$1,132	$826	$110,053
Year 23			$16,598	$6,973	$9,625				$23,490	$14,115	$9,375
277	7.250%	5.200%	$1,383	$549	$834	$90,072	12.250%	12.250%	$1,957	$1,123	$834	$109,219
278	7.250%	5.200%	$1,383	$544	$839	$89,233	12.250%	12.250%	$1,957	$1,115	$843	$108,376
279	7.250%	5.200%	$1,383	$539	$844	$88,389	12.250%	12.250%	$1,957	$1,106	$851	$107,525
280	7.250%	5.200%	$1,383	$534	$849	$87,540	12.250%	12.250%	$1,957	$1,098	$860	$106,665
281	7.250%	5.200%	$1,383	$529	$854	$86,685	12.250%	12.250%	$1,957	$1,089	$869	$105,797
282	7.250%	5.200%	$1,383	$524	$859	$85,826	12.250%	12.250%	$1,957	$1,080	$877	$104,919
283	7.250%	5.200%	$1,383	$519	$865	$84,961	12.250%	12.250%	$1,957	$1,071	$886	$104,033
284	7.250%	5.200%	$1,383	$513	$870	$84,092	12.250%	12.250%	$1,957	$1,062	$895	$103,137
285	7.250%	5.200%	$1,383	$508	$875	$83,216	12.250%	12.250%	$1,957	$1,053	$905	$102,233
286	7.250%	5.200%	$1,383	$503	$880	$82,336	12.250%	12.250%	$1,957	$1,044	$914	$101,319
287	7.250%	5.200%	$1,383	$497	$886	$81,450	12.250%	12.250%	$1,957	$1,034	$923	$100,395
288	7.250%	5.200%	$1,383	$492	$891	$80,559	12.250%	12.250%	$1,957	$1,025	$933	$99,463
Year 24			$16,598	$6,251	$10,347				$23,490	$12,900	$10,590
289	7.250%	5.200%	$1,383	$487	$896	$79,663	12.250%	12.250%	$1,957	$1,015	$942	$98,521
290	7.250%	5.200%	$1,383	$481	$902	$78,761	12.250%	12.250%	$1,957	$1,006	$952	$97,569
291	7.250%	5.200%	$1,383	$476	$907	$77,854	12.250%	12.250%	$1,957	$996	$961	$96,607
292	7.250%	5.200%	$1,383	$470	$913	$76,941	12.250%	12.250%	$1,957	$986	$971	$95,636
293	7.250%	5.200%	$1,383	$465	$918	$76,023	12.250%	12.250%	$1,957	$976	$981	$94,655
294	7.250%	5.200%	$1,383	$459	$924	$75,099	12.250%	12.250%	$1,957	$966	$991	$93,664
295	7.250%	5.200%	$1,383	$454	$929	$74,169	12.250%	12.250%	$1,957	$956	$1,001	$92,662
296	7.250%	5.200%	$1,383	$448	$935	$73,234	12.250%	12.250%	$1,957	$946	$1,012	$91,651
297	7.250%	5.200%	$1,383	$442	$941	$72,294	12.250%	12.250%	$1,957	$936	$1,022	$90,629
298	7.250%	5.200%	$1,383	$437	$946	$71,347	12.250%	12.250%	$1,957	$925	$1,032	$89,597
299	7.250%	5.200%	$1,383	$431	$952	$70,395	12.250%	12.250%	$1,957	$915	$1,043	$88,554
300	7.250%	5.200%	$1,383	$425	$958	$69,437	12.250%	12.250%	$1,957	$904	$1,054	$87,500
Year 25			$16,598	$5,476	$11,122				$23,490	$11,527	$11,963
301	7.250%	5.200%	$1,383	$420	$964	$68,474	12.250%	12.250%	$1,957	$893	$1,064	$86,436
302	7.250%	5.200%	$1,383	$414	$969	$67,504	12.250%	12.250%	$1,957	$882	$1,075	$85,361
303	7.250%	5.200%	$1,383	$408	$975	$66,529	12.250%	12.250%	$1,957	$871	$1,086	$84,275
304	7.250%	5.200%	$1,383	$402	$981	$65,548	12.250%	12.250%	$1,957	$860	$1,097	$83,178
305	7.250%	5.200%	$1,383	$396	$987	$64,560	12.250%	12.250%	$1,957	$849	$1,108	$82,069
306	7.250%	5.200%	$1,383	$390	$993	$63,567	12.250%	12.250%	$1,957	$838	$1,120	$80,950
307	7.250%	5.200%	$1,383	$384	$999	$62,568	12.250%	12.250%	$1,957	$826	$1,131	$79,818
308	7.250%	5.200%	$1,383	$378	$1,005	$61,563	12.250%	12.250%	$1,957	$815	$1,143	$78,676
309	7.250%	5.200%	$1,383	$372	$1,011	$60,552	12.250%	12.250%	$1,957	$803	$1,154	$77,521
310	7.250%	5.200%	$1,383	$366	$1,017	$59,534	12.250%	12.250%	$1,957	$791	$1,166	$76,355
311	7.250%	5.200%	$1,383	$360	$1,023	$58,511	12.250%	12.250%	$1,957	$779	$1,178	$75,177
312	7.250%	5.200%	$1,383	$354	$1,030	$57,481	12.250%	12.250%	$1,957	$767	$1,190	$73,987
Year 26			$16,598	$4,642	$11,956				$23,490	$9,977	$13,513
313	7.250%	5.200%	$1,383	$347	$1,036	$56,445	12.250%	12.250%	$1,957	$755	$1,202	$72,785
314	7.250%	5.200%	$1,383	$341	$1,042	$55,403	12.250%	12.250%	$1,957	$743	$1,214	$71,570
315	7.250%	5.200%	$1,383	$335	$1,048	$54,355	12.250%	12.250%	$1,957	$731	$1,227	$70,344
316	7.250%	5.200%	$1,383	$328	$1,055	$53,300	12.250%	12.250%	$1,957	$718	$1,239	$69,104
317	7.250%	5.200%	$1,383	$322	$1,061	$52,239	12.250%	12.250%	$1,957	$705	$1,252	$67,852
318	7.250%	5.200%	$1,383	$316	$1,068	$51,171	12.250%	12.250%	$1,957	$693	$1,265	$66,587
319	7.250%	5.200%	$1,383	$309	$1,074	$50,097	12.250%	12.250%	$1,957	$680	$1,278	$65,310
320	7.250%	5.200%	$1,383	$303	$1,080	$49,017	12.250%	12.250%	$1,957	$667	$1,291	$64,019
321	7.250%	5.200%	$1,383	$296	$1,087	$47,930	12.250%	12.250%	$1,957	$654	$1,304	$62,715
322	7.250%	5.200%	$1,383	$290	$1,094	$46,836	12.250%	12.250%	$1,957	$640	$1,317	$61,398
323	7.250%	5.200%	$1,383	$283	$1,100	$45,736	12.250%	12.250%	$1,957	$627	$1,331	$60,067
324	7.250%	5.200%	$1,383	$276	$1,107	$44,629	12.250%	12.250%	$1,957	$613	$1,344	$58,723
Year 27			$16,598	$3,746	$12,852				$23,490	$8,225	$15,265
325	7.250%	5.200%	$1,383	$270	$1,114	$43,516	12.250%	12.250%	$1,957	$599	$1,358	$57,365
326	7.250%	5.200%	$1,383	$263	$1,120	$42,396	12.250%	12.250%	$1,957	$586	$1,372	$55,993
327	7.250%	5.200%	$1,383	$256	$1,127	$41,269	12.250%	12.250%	$1,957	$572	$1,386	$54,607
328	7.250%	5.200%	$1,383	$249	$1,134	$40,135	12.250%	12.250%	$1,957	$557	$1,400	$53,207
329	7.250%	5.200%	$1,383	$242	$1,141	$38,994	12.250%	12.250%	$1,957	$543	$1,414	$51,792
330	7.250%	5.200%	$1,383	$236	$1,148	$37,846	12.250%	12.250%	$1,957	$529	$1,429	$50,364
331	7.250%	5.200%	$1,383	$229	$1,154	$36,692	12.250%	12.250%	$1,957	$514	$1,443	$48,920
332	7.250%	5.200%	$1,383	$222	$1,161	$35,530	12.250%	12.250%	$1,957	$499	$1,458	$47,462
333	7.250%	5.200%	$1,383	$215	$1,168	$34,362	12.250%	12.250%	$1,957	$485	$1,473	$45,989
334	7.250%	5.200%	$1,383	$208	$1,176	$33,186	12.250%	12.250%	$1,957	$469	$1,488	$44,501
335	7.250%	5.200%	$1,383	$200	$1,183	$32,004	12.250%	12.250%	$1,957	$454	$1,503	$42,998
336	7.250%	5.200%	$1,383	$193	$1,190	$30,814	12.250%	12.250%	$1,957	$439	$1,519	$41,479
Year 28			$16,598	$2,783	$13,815				$23,490	$6,247	$17,243
337	7.250%	5.200%	$1,383	$186	$1,197	$29,617	12.250%	12.250%	$1,957	$423	$1,534	$39,945
338	7.250%	5.200%	$1,383	$179	$1,204	$28,413	12.250%	12.250%	$1,957	$408	$1,550	$38,396
339	7.250%	5.200%	$1,383	$172	$1,212	$27,201	12.250%	12.250%	$1,957	$392	$1,566	$36,830
340	7.250%	5.200%	$1,383	$164	$1,219	$25,982	12.250%	12.250%	$1,957	$376	$1,582	$35,248
341	7.250%	5.200%	$1,383	$157	$1,226	$24,756	12.250%	12.250%	$1,957	$360	$1,598	$33,651
342	7.250%	5.200%	$1,383	$150	$1,234	$23,523	12.250%	12.250%	$1,957	$344	$1,614	$32,037
343	7.250%	5.200%	$1,383	$142	$1,241	$22,282	12.250%	12.250%	$1,957	$327	$1,630	$30,406
344	7.250%	5.200%	$1,383	$135	$1,249	$21,033	12.250%	12.250%	$1,957	$310	$1,647	$28,759
345	7.250%	5.200%	$1,383	$127	$1,256	$19,777	12.250%	12.250%	$1,957	$294	$1,664	$27,095
346	7.250%	5.200%	$1,383	$119	$1,264	$18,513	12.250%	12.250%	$1,957	$277	$1,681	$25,415
347	7.250%	5.200%	$1,383	$112	$1,271	$17,242	12.250%	12.250%	$1,957	$259	$1,698	$23,716
348	7.250%	5.200%	$1,383	$104	$1,279	$15,963	12.250%	12.250%	$1,957	$242	$1,715	$22,001
Year 29			$16,598	$1,747	$14,851				$23,490	$4,012	$19,478
349	7.250%	5.200%	$1,383	$96	$1,287	$14,676	12.250%	12.250%	$1,957	$225	$1,733	$20,268
350	7.250%	5.200%	$1,383	$89	$1,294	$13,382	12.250%	12.250%	$1,957	$207	$1,751	$18,518
351	7.250%	5.200%	$1,383	$81	$1,302	$12,079	12.250%	12.250%	$1,957	$189	$1,768	$16,749
352	7.250%	5.200%	$1,383	$73	$1,310	$10,769	12.250%	12.250%	$1,957	$171	$1,787	$14,963
353	7.250%	5.200%	$1,383	$65	$1,318	$9,451	12.250%	12.250%	$1,957	$153	$1,805	$13,158
354	7.250%	5.200%	$1,383	$57	$1,326	$8,125	12.250%	12.250%	$1,957	$134	$1,823	$11,335
355	7.250%	5.200%	$1,383	$49	$1,334	$6,791	12.250%	12.250%	$1,957	$116	$1,842	$9,493
356	7.250%	5.200%	$1,383	$41	$1,342	$5,449	12.250%	12.250%	$1,957	$97	$1,861	$7,632
357	7.250%	5.200%	$1,383	$33	$1,350	$4,099	12.250%	12.250%	$1,957	$78	$1,880	$5,753
358	7.250%	5.200%	$1,383	$25	$1,358	$2,740	12.250%	12.250%	$1,957	$59	$1,899	$3,854
359	7.250%	5.200%	$1,383	$17	$1,367	$1,374	12.250%	12.250%	$1,957	$39	$1,918	$1,936
360	7.250%	5.200%	$1,382	$8	$1,374	$0	12.250%	12.250%	$1,956	$20	$1,936	$0
Year 30			$16,597	$634	$15,963				$23,488	$1,487	$22,001
Grand Total			$458,832	$283,832	$175,000				$615,921	$440,921	$175,000

Fixed-Rate Interest-Only Mortgages

Interest-Only ARMs With Interest-Only Periods Matching Fixed-Rate Period

Interest-Only ARMs With Interest-Only Periods Longer Than Fixed-Rate Period

Mortgage Calculator - Help

Amortization Schedule: The amortization schedule show you how monthly principal and interest payment and principal balances change over the life of your loan.
Floor Rate: Floor rate is the minimum interest rate for an adjustable rate mortgage (ARM).
Index Rate: Rate Adjustment on ARMs are based on the index rate, the margin, the adjustment schedule, interest rate caps, and floor rate specified in your loan documents. Index rates change over time. They should be published and widely available. Common indexes used for setting mortgage rates have include the Prime Rate, Libor (London Interbank Offer Rate) and U.S. Treasury Rates.
Interest: The portion of your mortgage payment that is due to the interest rate being applied to the principal balance. The Total Interest for a mortgage is the sum of all interest paid over the life of a loan.
Interest Only: Interest-only mortgages allow borrowers to make interest-only payments for a specific period of time. Required mortgage payments can be significantly lower during the interest-only period since the borrower is not required to pay down the principal balance during that time. However, the borrower is taking on more risk since the balance is not being paid down. Interest-Only Mortgages come in a wide variety of types, including both fixed and adjustable rate mortgages.
Interest Rate Adjustments: The interest rate changes on an adjustable rate mortage (ARM) during adjustment periods specified in your loan documents. Your interest rate may have a fixed period where it does not change followed by adjustements on a regularly scheduled basis. For example, the interest rate on a mortgage could be fixed for 2 years followed by adjustments every 6 months.
Interest Rate Caps: Limits how much your interest rate can be increased during each adjustment period for an ARM. The cap for the first adjustment period may be different than the cap on subsequent adjustments. There also may be a maximim overall cap on interest rate increases during the life of your loan.
Interest Rate Scenarios: To decide if an adjustable rate mortgage is right for you, you should how changes in interest rates will effect the mortgage. The adjustable rate mortgage calculator shows you how your payment changes in the best case where rates are set at the minimum for your mortgage, the worst case where rates are set at the maximum for your mortgage, and the stable case where rates remain constant for your mortgage.
Loan Amount: The initial principal balance or your mortgage at closing.
Margin: When an ARM adjusts the margin is added to the index rate to help determine your interest rate. Interest rate caps and the floor rate for your mortgage may limit how much your actual interest rate changes. The margin typically is fixed for the life of the loan. It should be clearly specified in your loan documents.
Payment Shock: Occurs when the required minimum payment for a mortgage increases significantly. This can occur on adjustable rate mortgage when interest rates rise sharply, on interest-only mortgages when the interest-only period ends, and on balloon mortgages when the balloon payment is due.
Principal: The portion of your mortgage payment that is used to pay down the current balance of your mortgage. The principal balance represents how much you owe on the mortgage.
Start Rate: The initial interest rate on an Adjustable Rate Mortgage.
Term: The amortization term is one of the key factors that determine your required mortgage payment. Your required mortgage payment for fully amortizing mortgages is the amount that would result in the mortgage being closest to being paid off by the end of the amortization term. Longer amortization terms result in lower required mortgage payments for fully amortizating mortgages, all other things being equal.