You can make interest-only payments on student loans to save money. Making these payments before you graduate — or while you’re postponing repayment — can keep thousands of dollars in interest from being added to your loan’s balance. If you have subsidized federal student loans, interest doesn’t accrue while you’re in school.

BING NEWS:
  • Interest-Only ARM
    This means that monthly payments must increase substantially after the initial interest-only period lapses. Interest-only ARMs also have floating interest rates, meaning that the interest payment ...
    10/19/2020 - 1:00 pm | View Link
  • Is it smart to make interest-only payments on student loans?
    Continue Reading Below With federal student loans, interest-only payments are only an option when you’re in school, you’re in the six-month grace period after graduating, or you’ve been ...
    08/3/2020 - 7:03 pm | View Link
  • Pros & Cons of an Interest-Only Mortgage
    such as making home improvements or paying off student loans. Interest-only mortgages have the disadvantage of burdening the homeowner with very high payments once the interest-only period expires.
    12/23/2012 - 10:06 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Personal Finance News