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  2. What is an interest-only mortgage and how does it work? - AOL

    www.aol.com/finance/interest-only-mortgage-does...

    An interest-only mortgage is a home loan that allows borrowers to make interest-only payments for a set amount of time, typically between seven and 10 years, at the start of a 30-year term.

  3. What Is An Interest-Only Mortgage? - AOL

    www.aol.com/interest-only-mortgage-190002695.html

    Interest-only mortgage loans can free up cash so you can use that money for other things during the first 10 years. Some people invest the money they save, hoping to earn a higher rate of return.

  4. Interest-only loan - Wikipedia

    en.wikipedia.org/wiki/Interest-only_loan

    An interest-only loan is a loan in which the borrower pays only the interest for some or all of the term, with the principal balance unchanged during the interest-only period. At the end of the interest-only term the borrower must renegotiate another interest-only mortgage, [ 1 ] pay the principal, or, if previously agreed, convert the loan to ...

  5. What Is an Interest-Only Mortgage? - AOL

    www.aol.com/news/interest-only-mortgage...

    If you lived through the late-2000s housing crisis, the phrase "interest-only mortgage" might make you shudder. Interest-only loans, which require borrowers to pay only the interest on the loan ...

  6. 5 types of mortgage loans for homebuyers - AOL

    www.aol.com/finance/5-types-mortgage-loans...

    Learn more: All about interest-only mortgages. Piggyback loans. A piggyback loan, also referred to as an 80/10/10 loan, involves two loans: one for 80 percent of the home price and another for 10 ...

  7. Mortgage - Wikipedia

    en.wikipedia.org/wiki/Mortgage

    Where an interest-only mortgage has a fixed term, an interest-only lifetime mortgage will continue for the rest of the mortgagors life. These schemes have proved of interest to people who do like the roll-up effect (compounding) of interest on traditional equity release schemes. They have also proved beneficial to people who had an interest ...

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