The way they work, and where you’ll get one
That’s the idea of accepting an interest-only (“I/O”) commercial home loan. Before diving in right right right here, be sure the basics are understood by you of exactly exactly how an amortization schedule works. In the event that you don’t, check this out post first.
An interest-only loan is merely a loan that collects interest-only re payments, as opposed to amortizing (paying off the key). Continue reading “Interest-only commercial mortgages just how it works, and where you might get one”