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Are Interest-Only Mortgages A Smart Strategy or Risky Business?

June 11, 2025 by Robby Oakes

When exploring home financing options, many borrowers are intrigued by interest-only mortgages. These loans offer the benefit of lower initial monthly payments, which can seem attractive, especially in high-cost areas or when cash flow is tight. But how exactly do they work, and are they the right fit for your financial goals?

Filed Under: Mortgage Tips Tagged With: Interest Only Mortgage, Mortgage Tips, Smart Home Buying

Fixed vs. Graduated vs. Interest-Only Mortgage Amortization

July 25, 2024 by Robby Oakes

When selecting a mortgage, one of the most critical decisions is choosing the right amortization schedule. This choice significantly impacts your monthly payments and the total interest you’ll pay over the life of the loan.

Filed Under: Mortgage Tagged With: Fixed Rate Mortgage, Graduated Mortgage, Interest Only Mortgage

Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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