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Interest Only
With an interest-only mortgage loan, you pay only the interest on the mortgage in monthly payments for a fixed term. After the end of that term, usually five to seven years, you either refinance, pay the balance in a lump sum, or start paying off the principal, in which case the payments jump skyward.
 For people with infrequent commissions or bonuses If you expect to earn a lot more in a few years
Someone who will invest the savings
you pay only the interest on the mortgage
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