Interest Only Loan Options | What Is Interest Only Mortgage?
Curious about how to maximize your property investment strategy?
In a world where mortgage interest rates in 2023 are ever-changing, understanding the ins and outs of interest-only loan options can be a game-changer. It allows you to pay only the interest on your loan for an initial period. That translates to lower monthly payments compared to traditional mortgages.
In this video, I share some insights on what is interest-only mortgage and how you can benefit from it. Watch this video till the end, to learn more about the fascinating realm of interest-only mortgages and explore what makes them a valuable tool for buying property investments. I hope you find this video useful, please do let me know your experience in the comment section below.
Chapters:
00:00 - Introduction
00:57 - What Is Interest Only Mortgage Payment?
02:40 - Payment Option Arm
04:20 - Payment Changes
06:10 - Negative Amortization
07:35 - Falling Housing Prices
09:04 - Conclusion
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Welcome to The Scottsdale Relocation Guide. Your SMARTEST way to MOVE TO and INVEST in Scottsdale and beyond! I'm your host Caitlin Bronsky and will use our deep deep knowledge of the area paired with a lengthy background in real estate investing to provide you with as much context/value as possible. Each week I'll give my view on everything from top places to live for every lifestyle, comparing different cities against each other, how to shop an area you've never been to in less time, the economics of buying now vs waiting, and much much more!
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