How do interest only mortgages work and what is the catch? - interest only
Have to 7.25% on a mortgage over 30 years quoted at a fixed rate basis. It was also cited 6,375% in 30 years to pay interest than expected. Although this reduces the monthly payment, like a mortgage? If you need additional payments to reduce principal?
Sunday, December 27, 2009
Interest Only How Do Interest Only Mortgages Work And What Is The Catch?
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