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Payment Option ARM Calculator
Effective Interest Rate4 (Index + Margin): 5.122% Assumptions: 1 The low initial Minimum Monthly Payment is calculated based on the low initial start rate. Rates are for calculation purposes only, please call your loan officer for rate quotes. 2 Paying the Minimum Monthly Payment will result in deferred interest, which will be added to the principal balance and increase your loan amount. This is called negative amortization. For the first 5 years the minimum payment will increase 7.5% over the previous year. 3 The Monthly Savings is calculated using the current Index + Margin. Rate increases or decreases are not computed. Monthly Savings compares the 30 Year Payment to the Minimum Payment. 4 The Effective Interest Rate is the rate the Lender charges each month. It is equal to the Index Rate + Margin. The Index + Margin yield may change each month as the Index rate changes. Siuslaw Mortgage - 4780 Village Plaza Loop - Eugene, OR 97401 Office Phone: 541.683.2400 Fax: 541.683.5663 Toll Free Phone: 1.866.683.2400 Payments: PO Box 11529 Eugene, Or 97440 Siuslaw Mortgage is a division of Siuslaw Bank. For more information about Siuslaw Bank call 541.342.4000 or visit our website www.siuslawbank.com. We lend in Oregon.
Member FDIC. Equal Housing Lender. 
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