Show Buttons
Share On Facebook
Share On Twitter
Share On Google Plus
Share On Linkdin
Share On Pinterest
Share On Youtube
Share On Reddit
Share On Stumbleupon
Contact us
Hide Buttons

Interest Only Loans


Interest only mortgage loans also referred to as term loans, call for payment of interest only and no principal. In this sense, there is no mortgage loan amortization and the entire loan amount is due upon the expiration of the loan. The advantages for the borrower of this type of loan is that it minimizes the annual mortgage payment and that the whole debt service is tax deductible, since it is only interest, at least in the US and many other countries that have similar provisions in their tax code.

Be Sociable, Share!

Property Risk

Previous article

Apartment Market Analysis

Next article


Comments are closed.

Popular Posts

Login/Sign up