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Lynn J. Bartlett, REALTOR, - RE/MAX PREMIER PROPERTIES, Residential Primary & Second home Real Estate Sales. Serving Ocean City, Ocean Pines, Berlin, MD.
Lynn J. Bartlett, Real Estate Sales, Ocean City, Ocean Pines, Maryland, Residential Real Estate Sales RE/MAX PREMIER PROPERTIES Lynn J. Bartlett, Real Estate Sales - RE/MAX PREMIER PROPERTIES, Ocean City, Maryland

Convertible Balloon Mortgage Calculator

Lynn Bartlett, ABR, REALTOR®
Toll Free: (888) 524-6041
Local: (410) 520-8195
Fax: (410) 723-9774
Office: (410) 524-6700
Email: lynnb@lynnb.com

These days 5/25 and 7/23 convertible balloon mortgages are getting more popular since they provide lower rates than conventional 30 year mortgages while still giving a fixed payment schedule for 5 or more years. The risk, of course, is what happens after the initial fixed period is over and you have the possibility of converting your loan.
Here is a calculator to try to answer those questions:

  • Principal Balance
  • Type of Loan
  • Initial Interest (%)
  • Monthly Pre-payment during initial fixed period
  • Specify Output Format
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RE/MAX PREMIER PROPERTIES

Lynn Bartlett, ABR, REALTOR®- Ocean City Maryland

RE/MAX PREMIER PROPERTIES
Real Estate Sales in Ocean City and Ocean Pines, Maryland
REALTOR
6200 Coastal Highway
Ocean City, MD 21842
Email: lynnb@lynnb.com
Toll Free: (888) 524-6041
Local: (410) 251-3463
Fax: (410) 723-9774
Office: (410) 524-6700

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