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July 28, 2006

5 Year Interest Only

Interest-Only Mortgages, have been popular for decades now due to the primary reason that they allow you to pay only interest for the first five, ten or thirty years of the loan, thereby lowering your monthly payment. Since the interest is paid on a monthly basis, it is an attractive proposition, especially if you are a looking to make a purchase and then repay it in the long

From 5 Year Interest Only

Posted by Guido at July 28, 2006 09:16 AM