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Real Estate


Tom Kelly
Tom Kelly
The Real Estate Adviser
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September 13, 2001

Interest only loans available

By TOM KELLY
The Real Estate Advisor

The amount of principal paid in the early years of a loan is miniscule. For a homebuyer reviewing the first annual mortgage analysis statement, it often can be underwhelming.

“I’ve been paying all year and only have made this much of a dent?”


 
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