Interest Only Loan

With an interest only loan*, you pay only monthly interest payments for a fixed term. The lower monthly payment gives you flexibility to invest your money elsewhere.

Loan features:

• Lower monthly payment than standard loans
• May qualify for a larger loan amount
• Pay on principal at any time without penalty
• After interest-only period, the unpaid principal is fully amortized over the remaining term of the loan*

Consider an interest only loan if:

• Your income is mostly earned through infrequent commissions or bonuses
• You expect to earn more money in a few years
• You wish to put the savings in other investment options
• You intend to move or refinance within a few years

For additional information or to apply for an Interest Only loan, please contact a Fifth Third Mortgage Loan Specialist. Call toll free at 1-866-351-5353, visit a Fifth Third Banking Center near you, or fill out a secure online application.