Exclusive Marketer of Dunn Construction & Development, Inc.'s New Construction Homes
Preston Dunn
The Preston Companies
PHONE:  919-207-9037
12011 NC HWY 96 South, Dunn, NC 28334

Interest Only Calculator

Calculate interest only mortgage payments by inserting the appropriate loan values in the calculator fields below. The monthly savings on interest only loans may be significant compared to traditional fixed rate mortgages so you owe it to yourself to learn more about the benefits & risks of interest only home loan programs.

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What is an Interest Only Loan? An Interest-Only loan is a home loan program where you have an option to make "interest-only" payments for a defined period of the loan. The term "interest-only" does not mean not mean a consumer will never have to repay the principal amount of the loan. Usually there is a term in which you will pay only interest. After that term, you would then have to pay both interest and principle. Interest only loans generally use a variable interest rate.

Preston Dunn
The Preston Companies
Ph: 919-207-9037Fax:919-207-2612
12011 NC HWY 96 South
Dunn, NC 28334 US
www.theprestoncos.com
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Dunn Construction & Development, Inc. is currently building in Springfield and Lakedale subdivisions. Springfield enjoys close proximity to Fort Bragg, future 295, and a beautiful Nature Conservancy. Lakedale is close in, not far from Cape Fear Valley Medical Center and Fort Bragg. It is just minutes away to all things that make life convenient.
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