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An interest-only mortgage is a type of mortgage in which the mortgagor is required to pay only interest with the principal repaid in a lump sum at a specified date. Interest-only mortgages can be.
Commercial Property Loan Calculator. This tool figures payments on a commercial property, offering payment amounts for P & I, Interest-Only and Balloon repayments – along with providing a monthly amortization schedule. This calculator automatically figures the balloon payment based on the entered loan amortization period.
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