I would like to buy a «paid up» amount of life insurance so I don't have to worry about making payments in the future. (quotacy.com)
A fixed rate gives you the most protection from having to make higher payments in future years if rates go higher. (realtor.com)
Further, under the bill, these smaller banks can make toxic balloon loans and adjustable - rate mortgages without ever confirming that the borrowers can afford the higher monthly payments in future years. (americanbanker.com)