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home > commercial mortgages > rates > articles > payments > interest only Commercial interest only mortgage loan paymentsInterest only mortgage loan payments are payments that you make during your mortgage loan term to only pay off interest. What's interest? It's the percentage you're charged on your principal (the amount of money you borrowed) by your mortgage loan lender for borrowing money from them. Use interest only payments to pay off your commercial mortgage loan. Why? Because when you use interest only payments, you won't have to pay back any of your principal (the amount you borrowed) during your commercial mortgage loan term. Inspiring isn't it? When you use these types of payments, you'll only have to pay back interest on your mortgage loan during your mortgage loan term - which makes it real cheap for you to use a mortgage loan to start owning commercial real estate. And only paying interest with payments can make it real cheap for you to start renting-out, leasing-out or developing commercial real estate for resale. $eeing dollar signs yet? Getting a commercial mortgage loan for equity take out?Paying off that mortgage loan with interest only payments can make it cheap for you to get cash out of your commercial real estate. Getting a commercial mortgage loan to have a line of credit?Using interest only payments to pay that mortgage loan off can be cheaper than making payments on a bank line of credit. Getting a commercial mortgage loan for debt consolidation?Using interest only payments to pay that mortgage loan off can be cheaper than making credit card or loan payments. Get a commercial mortgage loan now! Fill out the commercial mortgage application. Learn about how interest only mortgage loan payments repay your principal and pay off your interest. How interest only mortgage loan payments repay your principalIf you pay off your commercial mortgage loan with interest only mortgage loan payments, none of your payments will repay your principal. What's your principal? It's the amount of money you borrowed for your commercial mortgage loan. It's a good idea to put off paying your principal (till the end of the mortgage loan term). Why? Cause it makes it really really low cost to get a commercial mortgage loan to begin owning property, make money from renting-out or leasing-out mortgage loand property, get cash out of your commercial property, get a line of credit and even consolidate your bills. Get a commercial mortgage loan now! Fill out the commercial mortgage application. How interest only mortgage loan payments pay off your interestIf you pay off your commercial mortgage loan with interest only mortgage loan payments, each of your payments will repay a bit of your interest. What's your interest? It's a percentage you're charged on your principal (the amount of money you borrowed) by your mortgage loan lender for borrowing money from them. It's a good idea to pay off a bit of your interest with every mortgage loan payment. Why? Cause you can save yourself money. By paying off some of your interest with every payment, you won't have interest added to your principal. So your principal amount won't ever increase and your cost in interest won't ever go up. And when your cost in interest doesn't go up, guess what? You save money! Get a commercial mortgage loan now! Fill out the commercial mortgage application. Know more about interest only mortgage loan payments by contacting The Mortgage Store Online's brokers. Just use the contact form or call them at 1-866-674-0548. << return to mortgage-loan payment articles |
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