Interest-Only Mortgages

Questions on Interest-Only Mortgages

What Is an Interest-Only Mortgage?
For What Type of Borrower is It Suitable?

How Is Interest-Only Used as a Financial Planning Tool, and What is the Hazard Involved in So doing?

What Are the Major Misperceptions About Interest-Only Loans?

What Are Some Legitimate Uses of Interest-Only Mortgages?

Does Interest-Only Make Sense For Someone on the Cusp of Retirement?

Is Interest-Only the Mortgage of Choice for Someone Looking to Make a Quick Capital Gain in a Rising Real Estate Market?

How Does an Interest-Only Option Affect the Impact of an Extra Payment on the Monthly Mortgage Payment?

How Can a Borrower With an IO Keep Track of Where He Is in Paying Down the Balance?

How Much More Must a Borrower Pay For an IO Than For the Exact Same Instrument Without the IO Option?

Does it Make Sense to Take an IO in Order to Use the Cash Flow Savings to Accelerate Pay Down of the Balance on a Second Mortgage?

Does it Make Sense to Take an IO in Order to Use the Cash Flow Savings to Invest in Other Assets?

MY QUESTION IS NOT HERE. I WOULD LIKE TO LEAVE IT FOR THE PROFESSOR