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Pick a Payment sm Mortgage

Get a Pick a Payment Mortgage.The Pick a Payment sm mortgage offers you the freedom to choose the amount of your mortgage payment each month, and this financial flexibility can provide substantial monthly cash flow.

The Pick a Payment sm mortgage gives you four options each month. These choices are:

  • Minimum payment (as low as 1.25)
  • Interest Only payments
  • Fully-indexed payments (full principle & interest)
  • 30 or 15 year payment
  • True Bi weekly programs available.

The Pick a Payment sm mortgage also gives you the flexibility to manage other financial needs such as:

  • Paying off high-interest credit card debt
  • Making home improvements
  • Paying tuition fees
  • Contributing to IRA's or 401K's

The Primary benefit of the Pick a Payment sm mortgage is low payments for the first 10 years using the bi-weekly payment option to pay of your mortgage in 25 years or less.

Here is an example of the Pick a Payment sm mortgage Cash Flow Impact:

 

Pick a Paymentsm

30 Year Fixed Loan

Your Home Loan

$250,000

$250,000

Interest Rate/APR

1.25%

6%

Monthly Payment

$417

$1,499

Yearly Total

$10,831

$27,084

1 Year Savings

$7,156

 

5 Year Savings

$27,084

 

 

 

 

 

 

 

Request Pick a Payment sm mortgage information

You will acquire your own personal loan and mortgage consultant to help get you started with the mortgage process and more fully explain why a Pick a Payment sm mortgage might be a good option for you. Call 1-800-743-9233 or click here for more information.

Pick a Payment sm is a protected service mark of Golden West Financial Corporation

 

 

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