Deferred Interest
Deferred Interest
A deferred interest loan is when a loan payment stays the same while the interest rate increases. A deferred interest loan will let you choose to pay only the minimum payment--a payment less than the entire interest owed for that month. The unpaid interest is then added to your loan amount to be paid at a later date.
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National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed | 4.83 |
| 15 yr fixed | 4.39 |
| 5/1 ARM | 3.69 |
Rates may contain points
