Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
1,724,359,562 visitors served.
forum mailing list For webmasters
?
New: Language forums
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

interest-only loan
(redirected from Interest only loan)

   Also found in: Wikipedia 0.03 sec.
Interest-only loan
A loan in which payment of principal is deferred and interest payments are the only current obligation.

interest-only loan

A loan on which one pays periodic interest payments without any reduction in principal,and the entire principal balance is due and payable upon maturity of the note.



How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
 
Interest only loans are still very popular, but today banks are demanding that you qualify at the fully indexed amortizing payment, making it harder to get the interest only loan
An interest only loan lowers the payment to $3,437.
In order to help Holland Holdings, LLC increase its cash flow, GE Capital Solutions, Franchise Finance funded a $2 million interest only loan on a 1031 exchange property.
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2009 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.