They’re bbbaaaccckkk – Interest Only Loans

This is not a recommendation, but a responsible warning…interest only loans serve a purpose, but they have some “gotch-yas”.

I wrote about interest only loans and their pros and cons years ago.

Gentle words of warning about interest only loans.

How interest only loans work, including reaching end of loan and still owe principal.

References to products and services are not a specific endorsement, but the user must perform their due diligence and investigate whether the product or service is right for them. I welcome any or all comments that would help others.

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