Interest-only mortgages have lower initial monthly payments, which can be beneficial for cash flow. However, they do not build equity in the home during the interest-only period, leading to higher overall costs in the long run.
"Yes, the pros are that if you are having a hard time paying you can talk to the bank and get a lower rate for a few months. The cons are that the bank can raise the interest as well."
what are the pros and cons of being an architect
What are the pros and cons of a payday loan? the pros is you can get your loan quickly and do not need many credit, but the cons is that the interest is very high you should take attention to it
cons are: - legal issues
Pros basically means 'for, positive, good.' Cons basically means 'against, negative, bad.'
"Yes, the pros are that if you are having a hard time paying you can talk to the bank and get a lower rate for a few months. The cons are that the bank can raise the interest as well."
There are several sources you can go to for information on the pros and cons of reverse mortgages. Time Magazine has written an article on this, and so has a site called, credit.com.
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pros are + and cons are-
pros: goodness cons: badness
PROS CONS ----------------------------------------------------- Pros: Entertaining Cons: Mental conditions can be caused, Adicition, Expensive.
Cons? What Cons?
what are the pros and cons of being an architect
Usually there are no pros or cons.
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What are the pros and cons of transformational leadership?