Principal reductions of 3.3 % (based on original loan balance) after 33 months, 7 % (based on current loan balance) after 48 months. (finaid.org)
Since most FHA mortgages, and most mortgages generally, are repaid before original loan balances fall 22 percent, this FHA policy may not seem as though it has much value. (fhaloanpros.com)
With many no - interest loans, if you still owe any balance at all on the loan at the end of the financing period, you'll get charged interest retroactively on the entire original loan balance. (fool.com)