– Interest Only – Jumbo 5/1 ARM. Interest Only Loans allow you the flexibility of investing your money where you wish, not just in your house. During the first five years of your loan you can either pay interest only, or include whatever amount of principal you wish, even a large principal prepayment if desired.
Interest-Only Mortgage Calculator – Interest-Only Mortgage Calculator. This tool helps buyers calculate current interest-only payments, but most interest-only loans are adjustable rate mortgages (arms). When the housing market is hot many people chase interest only loan example it, buying near the peak with interest-only loans.
Interest-Only Mortgage – Investopedia – An interest-only mortgage is a type of mortgage in which the mortgagor is required to pay only interest with the principal repaid in a lump sum at a specified date. Interest-only mortgages can be.