But because of the tax reduction system, you will receive a bigger chunk from the government in your early years, hence lower monthly cost in the first few years of the mortgage. (divnomics.com)
However, homeowners don't build much equity by paying down loan principal the first few years of their mortgage. (themortgagereports.com)
An interest - only mortgage is a home purchase loan that allows homebuyers to make low monthly payments during the first few years of their mortgage. (valuepenguin.com)