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2. What is an interest-only mortgage and how does it work? - AOL

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

   Here are some pros and cons: Pros of interest-only mortgages. You get more house for your money. You can enjoy a larger home for less money while you save up for a larger mortgage.

3. 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 ...

4. Open-ended mortgages: What are they and how do they work? - AOL

   www.aol.com/finance/open-ended-mortgages...

   Pros and cons of an open-end mortgage Pros of an open-end mortgage. Finance a home purchase and renovations with one loan and one monthly payment. Only repay the mortgage and any extra you use.

5. 5 types of mortgage loans for homebuyers - AOL

   www.aol.com/finance/5-types-mortgage-loans...

   Learn more: All about interest-only mortgages Piggyback loans A piggyback loan, also referred to as an 80/10/10 loan, involves two loans: one for 80 percent of the home price and another for 10 ...

6. Adjustable-rate mortgages: What they are and how they work - AOL

   www.aol.com/finance/adjustable-rate-mortgages...

   Interest-only ARMs are adjustable-rate mortgages in which the borrower only pays interest (no principal) for a set period. ... Learn more: The pros and cons of ARMs. Adjustable-rate mortgage FAQ.

7. Pros and cons of an adjustable-rate mortgage (ARM) - AOL

   www.aol.com/finance/pros-cons-adjustable-rate...

   Pros and cons of an adjustable-rate mortgage (ARM) Jean Folger. July 18, 2024 at 5:45 PM. ... Keep in mind: Your monthly payments are guaranteed to go up if you opt for an interest-only ARM. With ...