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   SECTION2: INTEREST ONLY PORTION OF MONTHLY PAYMENT

    
The amounts below are the Interest Only portions of your monthly payments and are cumulative to the end of 1 Year, all the way to the end of 30 Years. This tells you how much your loan actually costs you by the end of each year. The Principal portion of your loan is not considered here since that goes back to you by increasing the equity in your home and is not considered a "cost" of the loan.
    

5 YEAR MATURIY
    
How to Use this Table:
At the end of the first 3 years of a Mortgage with a fixed interest rate of 5% and a 5 year maturity, you will have paid a total of $ 110 in INTEREST Only on each $1,000 of principal amount you borrowed. This is a regular mortgage with regular monthly payments of Interest & Principal. Since Principal portions of your monthly payment actually go back to you in the form of raising your equity in your home, the Interest portion of your monthly payments is your actual cost of borrowing the money from the lender.
    

Interest Only Paid on Fixed Rate Mortgage with a 5 Year Maturity (per $1,000)

Interest Rate

 Year #1 Year #2 Year #3 Year #4 Year #5

1%

$9

$16

$21

$25

$26

1.5%

$14

$24

$32

$37

$39

2%

$18

$33

$43

$49

$52

2.5%

$23

$41

$54

$62

$65

3%

$27

$49

$65

$75

$78

3.5%

$32

$57

$76

$87

$92

4%

$37

$66

$87

$100

$105

4.5%

$41

$74

$98

$113

$119

5%

$46

$83

$110

$126

$132

5.5%

$51

$91

$121

$139

$146

6%

$55

$99

$132

$153

$160

6.5%

$60

$108

$144

$166

$174

7%

$65

$117

$155

$179

$188

7.5%

$69

$125

$167

$193

$202

8%

$74

$134

$178

$206

$217

8.5%

$79

$142

$190

$220

$231

9%

$83

$151

$202

$234

$246

9.5%

$88

$160

$213

$248

$260

10%

$93

$168

$225

$262

$275
    
NOTE: To find the amount of interest for interest rates in between the ones listed above, you only need to interpolate. Just add the interest for the rate above and below the one you want and divide by 2. As example, if you need the interest paid by the end of year #1 for 5.25%, you would add $46 (the interest at 5% ) + $51 ( the interest for 5.5% ) which totals $97, and divide by 2, which equals $48.50, the interest for 5.25% for year #1.

    
7 YEAR MATURIY
         
How to Use this Table:
At the end of the first 3 years of a Mortgage with a fixed interest rate of 5% and a 7 year maturity, you will have paid a total of $123 in INTEREST Only on each $1,000 of principal amount you borrowed. This is a regular mortgage with regular monthly payments of Interest & Principal. Since Principal portions of your monthly payment actually go back to you in the form of raising your equity in your home, the Interest portion of your monthly payments is your actual cost of borrowing the money from the lender.
    

Interest Only Paid on Fixed Rate Mortgage with a 7 Year Maturity (per $1,000)

Interest Rate

 Year #1 Year #2 Year #3 Year #4 Year #5

Year #6

Year #7

1%

$9

$17

$24

$29

$33

$35

$36

1.5%

$14

$26

$36

$44

$49

$53

$54

2%

$19

$35

$48

$59

$66

$71

$72

2.5%

$23

$44

$60

$74

$83

$89

$91

3%

$28

$52

$73

$89

$100

$107

$110

3.5%

$33

$61

$85

$104

$117

$126

$129

4%

$38

$70

$97

$119

$135

$145

$148

4.5%

$42

$79

$110

$134

$152

$164

$168

5%

$47

$88

$123

$150

$170

$183

$187

5.5%

$52

$97

$135

$166

$188

$202

$207

6%

$57

$106

$148

$181

$206

$222

$227

6.5%

$62

$115

$161

$197

$224

$241

$247

7%

$66

$124

$174

$213

$243

$261

$268

7.5%

$71

$134

$187

$229

$261

$281

$288

8%

$76

$143

$200

$246

$280

$301

$309

8.5%

$81

$152

$213

$262

$299

$322

$330

9%

$86

$161

$226

$278

$318

$342

$351

9.5%

$90

$170

$239

$295

$337

$363

$373

10%

$95

$180

$252

$311

$356

$384

$394
    
NOTE: To find the amount of interest for interest rates in between the ones listed above, you only need to interpolate. Just add the interest for the rate above and below the one you want and divide by 2. As example, if you need the interest paid by the end of year #1 for 5.25%, you would add $47 (the interest at 5% ) + $52 ( the interest for 5.5% ) which totals $99, and divide by 2, which equals $49.50, the interest for 5.25% for year #1.

    
10 YEAR MATURIY
    
How to Use this Table:
At the end of the first 3 years of a Mortgage with a fixed interest rate of 5% and a 10 year maturity, you will have paid a total of $132 in INTEREST Only on each $1,000 of principal amount you borrowed. This is a regular mortgage with regular monthly payments of Interest & Principal. Since Principal portions of your monthly payment actually go back to you in the form of raising your equity in your home, the Interest portion of your monthly payments is your actual cost of borrowing the money from the lender.
    

Interest Only Paid on Fixed Rate Mortgage with a 10 Year Maturity (per $1,000)

Interest Rate

 Year #1 Year #2 Year #3 Year #4 Year #5

Year #6

Year #7

Year #8

Year #9

Year #10

1%

$10

$18

$26

$32

$38

$43

$46

$49

$51

$51

1.5%

$14

$27

$39

$49

$57

$65

$70

$74

$77

$77

2%

$19

$36

$52

$65

$77

$87

$94

$100

$103

$104

2.5%

$24

$46

$65

$82

$97

$109

$118

$125

$130

$131

3%

$29

$55

$78

$99

$117

$131

$143

$152

$157

$159

3.5%

$34

$64

$92

$116

$137

$154

$168

$178

$184

$187

4%

$38

$74

$105

$133

$157

$177

$193

$205

$212

$215

4.5%

$43

$83

$119

$150

$178

$201

$219

$232

$241

$244

5%

$48

$92

$132

$168

$198

$224

$245

$260

$269

$273

5.5%

$53

$102

$146

$185

$219

$248

$271

$288

$299

$302

6%

$58

$111

$160

$203

$240

$272

$298

$316

$328

$332

6.5%

$63

$121

$173

$221

$262

$296

$324

$345

$358

$363

7%

$68

$130

$187

$238

$283

$321

$351

$374

$388

$393

7.5%

$73

$140

$201

$256

$305

$346

$379

$403

$419

$424

8%

$78

$149

$215

$274

$326

$371

$406

$433

$450

$456

8.5%

$82

$159

$229

$293

$348

$396

$434

$463

$481

$488

9%

$87

$169

$243

$311

$370

$421

$462

$493

$513

$520

9.5%

$92

$178

$258

$329

$393

$447

$491

$524

$545

$553

10%

$97

$188

$272

$348

$415

$473

$520

$555

$578

$586
    
NOTE: To find the amount of interest for interest rates in between the ones listed above, you only need to interpolate. Just add the interest for the rate above and below the one you want and divide by 2. As example, if you need the interest paid by the end of year #1 for 5.25%, you would add $48 (the interest at 5% ) + $53 ( the interest for 5.5% ) which totals $101, and divide by 2, which equals $50.50, the interest for 5.25% for year #1.

    
20 YEAR MATURIY
         
How to Use this Table:
At the end of the first 3 years of a Mortgage with a fixed interest rate of 5% and a 20 year maturity, you will have paid a total of $143 in INTEREST Only on each $1,000 of principal amount you borrowed. This is a regular mortgage with regular monthly payments of Interest & Principal. Since Principal portions of your monthly payment actually go back to you in the form of raising your equity in your home, the Interest portion of your monthly payments is your actual cost of borrowing the money from the lender.
    

Interest Only Paid on Fixed Rate Mortgage with a 20 Year Maturity (per $1,000)

Int. Rate

 Yr #1 Yr #2 Yr #3 Yr #4 Yr #5

Yr #6

Yr #7

Yr #8

Yr #9

Yr #10

Yr #15

Yr #20

1%

$10

$19

$28

$36

$44

$52

$59

$65

$71

$77

$97

$104

1.5%

$15

$29

$42

$55

$67

$78

$89

$99

$108

$116

$147

$158

2%

$20

$38

$56

$73

$90

$105

$119

$133

$145

$157

$199

$214

2.5%

$24

$48

$71

$92

$113

$132

$150

$167

$183

$198

$252

$272

3%

$29

$58

$85

$111

$136

$159

$182

$202

$222

$240

$307

$331

3.5%

$34

$68

$100

$130

$159

$187

$213

$238

$261

$282

$363

$392

4%

$39

$77

$114

$149

$183

$215

$245

$274

$301

$326

$420

$454

4.5%

$44

$87

$129

$168

$207

$243

$278

$310

$341

$370

$478

$518

5%

$49

$97

$143

$188

$231

$271

$310

$347

$382

$414

$538

$584

5.5%

$54

$107

$158

$207

$255

$300

$343

$384

$423

$459

$598

$651

6%

$59

$117

$173

$227

$279

$329

$377

$422

$465

$505

$660

$719 

6.5%

$64

$127

$188

$246

$303

$358

$410

$460

$507

$551

$723

$789

7%

$69

$137

$202

$266

$328

$387

$444

$498

$550

$598

$787

$861

7.5%

$74

$147

$217

$286

$352

$416

$478

$537

$593

$645

$852

$933

8%

$79

$157

$232

$306

$377

$446

$512

$576

$636

$693

$918

$1007

8.5%

$84

$167

$247

$326

$402

$476

$547

$615

$680

$741

$985

$1083

9%

$89

$177

$262

$346

$427

$506

$581

$654

$724

$790

$1053

$1159

9.5%

$94

$187

$277

$366

$452

$536

$616

$694

$768

$839

$1122

$1237

10%

$99

$197

$292

$386

$477

$566

$651

$734

$813

$888

$1191

$1316
    
NOTE: To find the amount of interest for interest rates in between the ones listed above, you only need to interpolate. Just add the interest for the rate above and below the one you want and divide by 2. As example, if you need the interest paid by the end of year #1 for 5.25%, you would add $49 (the interest at 5% ) + $54 ( the interest for 5.5% ) which totals $103, and divide by 2, which equals $51.50, the interest for 5.25% for year #1.

    
30 YEAR MATURIY
         
How to Use this Table:
At the end of the first 3 years of a Mortgage with a fixed interest rate of 5% and a 30 year maturity, you will have paid a total of $147 in INTEREST Only on each $1,000 of principal amount you borrowed. This is a regular mortgage with regular monthly payments of Interest & Principal. Since Principal portions of your monthly payment actually go back to you in the form of raising your equity in your home, the Interest portion of your monthly payments is your actual cost of borrowing the money from the lender.
    

Interest Only Paid on Fixed Rate Mortgage with a 30 Year Maturity (per $1,000)

IntRate

 Yr #1 Yr #2 Yr #3 Yr #4 Yr #5

Yr #6

Yr #7

Yr #8

Yr #9

Yr #10

Yr #20

Yr #30

1%

$10

$19

$29

$38

$46

$55

$63

$71

$78

$85

$139

$158

1.5%

$15

$29

$43

$57

$70

$83

$95

$107

$118

$129

$213

$242

2%

$20

$39

$58

$76

$94

$111

$128

$144

$159

$174

$289

$331

2.5%

$25

$49

$72

$95

$118

$140

$161

$181

$201

$220

$367

$422

3%

$30

$59

$87

$115

$142

$168

$194

$219

$243

$266

$448

$518

3.5%

$35

$69

$102

$135

$166

$197

$228

$257

$286

$313

$532

$617

4%

$40

$79

$117

$154

$191

$227

$262

$296

$329

$361

$617

$719

4.5%

$45

$89

$132

$174

$216

$256

$296

$335

$372

$409

$705

$824

5%

$50

$99

$147

$194

$240

$286

$330

$374

$416

$458

$794

$933

5.5%

$55

$109

$162

$214

$265

$316

$365

$413

$461

$507

$886

$1044

6%

$60

$119

$177

$234

$290

$346

$400

$453

$505

$556

$979

$1158

6.5%

$65

$129

$192

$254

$315

$376

$435

$493

$550

$606

$1074

$1275

7%

$70

$139

$207

$274

$340

$406

$470

$534

$596

$656

$1170

$1395

7.5%

$75

$149

$222

$294

$366

$436

$506

$574

$641

$707

$1267

$1517

8%

$80

$159

$237

$314

$391

$467

$541

$615

$687

$758

$1366

$1642

8.5%

$85

$169

$252

$335

$416

$497

$577

$655

$733

$809

$1466

$1768

9%

$90

$179

$267

$355

$442

$527

$612

$696

$779

$860

$1566

$1897

9.5%

$95

$189

$282

$375

$467

$558

$648

$737

$825

$911

$1668

$2027

10%

$100

$199

$297

$395

$492

$588

$684

$778

$871

$962

$1770

$2159
    
NOTE: To find the amount of interest for interest rates in between the ones listed above, you only need to interpolate. Just add the interest for the rate above and below the one you want and divide by 2. As example, if you need the interest paid by the end of year #1 for 5.25%, you would add $50 (the interest at 5% ) + $55 ( the interest for 5.5% ) which totals $105, and divide by 2, which equals $52.50, the interest for 5.25% for year #1.

    
40 YEAR MATURIY
         
How to Use this Table:
At the end of the first 3 years of a Mortgage with a fixed interest rate of 5% and a 40 year maturity, you will have paid a total of $148 in INTEREST Only on each $1,000 of principal amount you borrowed. This is a regular mortgage with regular monthly payments of Interest & Principal. Since Principal portions of your monthly payment actually go back to you in the form of raising your equity in your home, the Interest portion of your monthly payments is your actual cost of borrowing the money from the lender.
    

Interest Only Paid on Fixed Rate Mortgage with a 40 Year Maturity (per $1,000)

IntRate

 Yr #1 Yr #2 Yr #3 Yr #4 Yr #5

Yr #6

Yr #7

Yr #8

Yr #9

Yr #10

Yr #30

Yr #40

1%

$10

$20

$29

$38

$47

$56

$65

$73

$82

$90

$199

$214

1.5%

$15

$29

$44

$58

$72

$85

$98

$111

$124

$136

$307

$330

2%

$20

$39

$59

$77

$96

$114

$132

$149

$166

$183

$419

$454

2.5%

$25

$49

$73

$97

$120

$143

$166

$188

$209

$230

$537

$583

3%

$30

$59

$88

$117

$145

$173

$200

$227

$253

$279

$659

$718

3.5%

$35

$69

$103

$137

$170

$202

$234

$266

$297

$328

$786

$859

4%

$40

$79

$118

$157

$195

$232

$269

$306

$342

$377

$917

$1006

4.5%

$45

$89

$133

$177

$220

$262

$304

$346

$386

$427

$1052

$1158

5%

$50

$99

$148

$197

$245

$292

$339

$386

$432

$477

$1191

$1315

5.5%

$55

$109

$163

$217

$270

$322

$375

$426

$477

$527

$1332

$1476

6%

$60

$119

$178

$237

$295

$353

$410

$467

$523

$578

$1476

$1641

6.5%

$65

$129

$193

$257

$320

$383

$445

$507

$568

$629

$1623

$1810

7%

$70

$139

$209

$277

$346

$413

$481

$548

$614

$680

$1772

$1983

7.5%

$75

$149

$224

$297

$371

$444

$516

$588

$660

$731

$1923

$2159

8%

$80

$159

$239

$318

$396

$474

$552

$629

$706

$782

$2076

$2337

8.5%

$85

$169

$254

$338

$421

$505

$588

$670

$752

$833

$2230

$2519

9%

$90

$180

$269

$358

$447

$535

$623

$711

$798

$884

$2386

$2703

9.5%

$95

$189

$284

$378

$472

$565

$659

$751

$844

$935

$2542

$2888

10%

$100

$200

$299

$398

$497

$596

$694

$792

$890

$987

$2699

$3076
    
NOTE: To find the amount of interest for interest rates in between the ones listed above, you only need to interpolate. Just add the interest for the rate above and below the one you want and divide by 2. As example, if you need the interest paid by the end of year #1 for 5.25%, you would add $50 (the interest at 5% ) + $55 ( the interest for 5.5% ) which totals $105, and divide by 2, which equals $52.50, the interest for 5.25% for year #1.
    
    
    
    
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