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You need to look into an "interest only" mortgage loan. There is a loan out their that is referred to as a "Pay Option Arm" that has 4 monthly repayment options and typically has an interest only rate that may start around 2.9%. You can do an "Interest Only" loan with a rate of 6.25% or lower. Determine how long you are going to be there or how long before you can aford to pay a larger payment--and look for a Interest Only loan for that length of time.

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Q: Can you finance a home mortgage for around 300K and pay less than 1500 dollars a month?
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