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2. Guide to 40-year mortgages: What are they and should ... - AOL

   www.aol.com/finance/guide-40-mortgages-one...

   A 40-year mortgage comes with lower monthly payments compared to a 30-year mortgage, but higher interest costs. Most mortgage lenders don’t offer 40-year mortgages.

3. I’m 45, single, earn $65K/year and have never owned a home ...

   www.aol.com/finance/m-45-single-earn-65k...

   You're likely to find 40-year loans only from a small minority of specialty lenders, small banks or credit unions. In many cases, these loans contain risky features, such as interest-only payment ...

4. What Is An Interest-Only Mortgage? - AOL

   www.aol.com/finance/interest-only-mortgage...

   Interest-only mortgage loans provide borrowers with lower mortgage payments during the initial few years of the loan. If you are trying to decide whether an interest-only mortgage would be right ...

5. Interest-only loan - Wikipedia

   en.wikipedia.org/wiki/Interest-only_loan

   In the United States, a five- or ten-year interest-only period is typical.After this time, the principal balance is amortized for the remaining term. In other words, if a borrower had a thirty-year mortgage loan and the first ten years were interest only, at the end of the first ten years, the principal balance would be amortized for the remaining period of twenty years.

6. Forget the 30-year mortgage: The 40-year mortgage needs to ...

   www.aol.com/finance/forget-30-mortgage-40...

   “However, as home prices soar and interest rates rise, particularly in urban areas, even 30-year mortgages can leave many families struggling with unaffordable payments.”

7. A 40-year mortgage is the answer to improving home ... - AOL

   www.aol.com/40-mortgage-answer-improving-home...

   The difference in a monthly mortgage payment for a 40-year loan compared to a 30-year loan is 7% at current interest rates, according to Business Insider calculations.