| Dictionary, Encyclopedia and Thesaurus - The Free Dictionary 1,780,358,387 visitors served. |
|
Dictionary/ thesaurus | Medical dictionary | Legal dictionary | Financial dictionary | Acronyms | Idioms | Encyclopedia | Wikipedia encyclopedia | ? |
interest-only loan |
Also found in: Wikipedia | 0.01 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. |
|
| ? Mentioned in | ? References in periodicals archive | |
|---|---|---|
If you're planning on retiring in that house or paying it off, then an interest-only loan isn't for you," says Dunagan. Spinner and David Zlotnick of Meridian's New York office secured a 12-month, interest-only loan floating at Prime + 6%. But the interest-only loan, which stretches 35 years, fit her family's situation. |
| Financial Dictionary |
| Free Tools: |
For surfers:
Free toolbar & extensions |
Word of the Day |
Help
For webmasters: Free content | Linking | Lookup box | Double-click lookup | Partner with us |
|---|