4 ms·
can you leave the keys to the house after my interest-only loan expires in 3 years? :)
by bdangubic 1y ago
can you leave the keys to the house after my interest-only loan expires in 3 years? :)
- maerF0x0 1y agobasically renting, not exactly the same. The point is interest only loan is Renting + Equity Exposure. It's a good move if you are experiencing the price appreciation growing faster than your downpayment. You can enter the market price exposure before you get priced out. And if you're right about the direction it's heading you can make money (relative to renting) so long as your outflow is similar to renting (across the time span, rents go up...)