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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. After ...

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

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

    An interest-only mortgage can sound appealing to a potential homebuyer because it is a mortgage loan that requires that you pay only interest — no principal — for the first several years ...

  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. 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 ...

  7. 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 ...

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