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Lynn J. Bartlett, REALTOR, - Prudential Carruthers Realtors, 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 Prudential Carruthers Realtors Lynn J. Bartlett, Real Estate Sales - Prudential Carruthers Realtors, Ocean City, Maryland

Convertible Balloon Mortgage Calculator

Lynn Bartlett, ABR, REALTOR®
Direct: 410-251-3463
Fax: (410) 723-9774
Office: (410) 524-7000
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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Prudential carruthers realtors

Lynn Bartlett, ABR, REALTOR®- Ocean City Maryland

Prudential Carruthers Realtors
Real Estate Sales in Ocean City and Ocean Pines, Maryland
REALTOR
7501 Coastal Hwy
Ocean City, MD 21842
Email: lynnb@lynnb.com
Direct: (410) 251-3463
Fax: (410) 723-9774
Office: 410-524-7000

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