IO Loan

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January 1, 1 7 min read Definitions
IO Loan (Interest-Only Loan)
IO Loan Interest-Only Loan Mortgage Real Estate Financing Loan Types Mortgage Payments
An interest-only loan is a type of mortgage where the borrower is obligated to pay only the interest on the principal balance for a set period, usually between 5 to 10 years.
Read more about IO Loan (Interest-Only Loan).

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