Contact Us
Home

Mortgage Resources

Featured Tools

Loan Info

Company Info

Other Services

Payment Option ARM Calculator


Loan Amount: $
Start Rate1: %
 
Current Index: %
Margin: %



  30 Yr Monthly Payment Minimum Payment2 Monthly Savings3
Year 1 $0.00 $0.00 $0.00
Year 2 $0.00 $0.00 $0.00
Year 3 $0.00 $0.00 $0.00
Year 4 $0.00 $0.00 $0.00
Year 5 $0.00 $0.00 $0.00

Other Payment Options
Interest Only Payment: $2,134.17
40 Year Payment: $0.00
15 Year Payment: $0.00

Effective Interest Rate4 (Index + Margin): 5.122% 

Assumptions:

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.



Cardinal Financial Company - 444 Jacksonville Road - Warminster, PA 18974
Office Phone: (215) 293-6800 Toll Free Phone: 800-327-0969
:: Apply Now :: Search Rates :: Market Update :: Pre-Qualify :: Prequal CalcuLetter :: Loan Programs :: Purchasing :: Refinance :: Free Homebuyer Tips :: Rate Alert :: Refinance Analysis :: Request Loan Status :: Calculators :: Check Your Loan Servicing :: Loan Process :: FAQ :: Forms :: Contact Us :: Staff Directory :: About Us :: Tell-A-Friend :: Credit Report :: Marketplace :: Home ::

Licensed Mortgage Banker: CO, CT, DE, DC, FL, GA, IN (First Mtg Only), MD, MA, MI, MN, NJ, NC, OH, PA, SC, TN, VA, & WV Departments of Banking 

Cardinal Financial Company, LP, 444 Jacksonville Road, Warminster, PA 18974

To check the Colorado license status of your mortgage loan originator, visit http://www.dora.state.co.us/real-estate/index.htm; Georgia Residential Mortgage Licensee #16020; Massachusetts Licensed Lender #ML3285; Minnesota – This is not an offer to enter an interest rate lock-in agreement; Licensed by the New Jersey Department of Banking and Insurance; Licensed First Mortgage Banker and Secondary Mortgage Lender by Pennsylvania Department of Banking; Licensed by the Virginia State Corporation Commission; License No.MC-1825.  Equal Housing Lender.

 



Equal Housing Lender Equal Housing Opportunity

© 2010 Myers Internet All Rights Reserved

Powered by: Myers Internet | Admin Login