I think interest-only loans have got a bad rep within recent years, and I'm not sure why. Interest-only loans are a benefit during those tough times when your bills are stacking up higher than normal. Also, with interest-only loans, you always have the option of paying-down your principal as well. Personally, I like this flexibility.
In your situation, I think it's a good idea. If you plan on selling your home anyways, why not save some money in the short-term?
Let me know if you need a good trustworthy loan officer. I got a friend who I can recommend.
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