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I/O
(redirected from Interest Only)

   Also found in: Financial 0.01 sec.
AcronymDefinition
I/OInput/Output
I/OIndustrial/Organizational (psychology)
I/OInstead Of
I/OIn Out
I/OInteroperability
I/OInterest Only
I/OInboard/Outboard (engine inboard, drive unit outboard)
I/OInsertion Order
I/OInvoice/Order
I/OInstrument Operator (land surveying)
I/OIdiot Operator (as in an I/O error) :-)
I/OIncome/Outcome (game)
I/OInnie/Outtie (belly button)
I/OInformation Operations Division (Army Software Engineering Center)


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Have you been looking into the prospect of buying a home If you have, you may have heard about interest only mortgage loans and may be wondering if getting an interest only loan is the right option for you Have you been looking into the prospect of buying a home?
As you might have guessed already, signing up for an interest-only mortgage means that during the interest only period of the loan, monthly payments are very affordable -- much less than they would be if you were making standard amortized payments to cover both the principal and the interest.
You may have heard of an interest only mortgage as an option for lower monthly payments on your mortgage payments.
 
 
 
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