Preferrably one that would compare interest only mortgage with other mortgages.
D dfelzer Feb 23, 2005 #1 Preferrably one that would compare interest only mortgage with other mortgages.
F Fred Smith Feb 23, 2005 #2 I don't see the need for a template. Interest only means you are not paying down any principal. So the only variable is the interest rate (and perhaps fees). Go with the lowest rate.
I don't see the need for a template. Interest only means you are not paying down any principal. So the only variable is the interest rate (and perhaps fees). Go with the lowest rate.