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Deferred Interest

    0.01 sec.
Deferred Interest

Same as Negative Amortization.



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Ask if you're eligible for any Government mortgage rescue schemes such as deferred interest payments, help with interest payments or shared-ownership.
When business is going well the contractor was able to make a fully amortized payment but when business slowed he took advantage of the new low deferred interest payment.
But that's better than the 20 percent to 24 percent you'd pay on the deferred interest loan.
 
 
 
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