An interest-only mortgage is a niche product that can be difficult to find. See NerdWallet's picks for some of the best interest-only mortgage lenders in 2024. Many or all of the products on this page ...
Interest-only mortgages let you pay just the accruing interest on your loan for an introductory period — but they come with high payments once that period ends. These loans mainly benefit those ...
Interest-only mortgages require only interest payments initially, raising future payment amounts. These mortgages suit those expecting higher future income or planning to sell properties soon.