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View Full Version : What happen afte a 10yrs interested only is paid off


picken68
Feb 21, 2007, 07:42 AM
What happen after my 10yr interest only is up do my mortgage rate change

shelley7180
Feb 21, 2007, 08:00 AM
Your payments are going to sky rocket. If you don't plan on staying in the house for 10 years then it's a good deal, but if you do then I would look into a fixed rate mortgage.