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Caption: What is an interest only mortgage, how to calculate your rates and how does repayment work?

Subject: INTEREST ONLY mortgages are loans where you pay back only the interest each month and you don’t reduce the size of the debt you owe. This means that your payments are much lower than if you t

Keys: calculator, interest, mortgage, meaning, thesun, rates, money

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Country: United States

State/Region: MA

Town/City: Cambridge

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