Balloon Payment Calculator

5/25 and 7/23 convertible balloon mortgages are growing in popularity 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. This calculator is designed to try to answer those questions.

2 Corpus Christie Place, Suite 200
Hilton Head Island, SC 29928
Phone: 843-842-8800
Fax: 843-842-8808

Member of the National Association of Mortgage Brokers