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Interest-only loan |
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Interest-only loan A loan in which payment of principal is deferred and interest payments are the only current obligation. 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. |
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In addition, Carlton assisted the joint venture in arranging a seven-year, fixed-rate, interest only mortgage on favorable terms. The ten-year interest only mortgage has an effective interest rate of 5. In addition, Carlton also arranged a seven-year, fixed-rate, interest only mortgage on excellent terms for the borrower. |
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