Defered interest mortgage loans?
I am currently in a 5yr Interest only loan, I would like to pay down a few of my credit card debt. I was considering to go in for a defered interest loan and pay my credit card debt in a few months and again start to pay the full interest for my mortgage loan, so I would miss only a few months f interest. What are the other costs that might add up other than the interest that I am defering if I take this deal?
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