870c369b_y_Spring_BankSandy_Spring_Bank__Disadvantages
[Loan Programs] Interest Only Programs Top [Advantages] Lower initial monthly payment Lower payment over a short period of time Many Interest Only Programs offer the option to convert to a new loan after the initial term. [Disadvantages] 
No principal curtailment Possible higher amortizing payments after interest only period
Mortgage Products - Sandy Spring BankSandy Spring Bank
Disadvantages