Just Can't Pay?
Need More Options?
| Knowledgebase Home | Glossary | Favorites     Contact     Login    Home     FAQ     Glossary     Favorites     Contact     Login
Search the Knowledgebase Browse by Category

[Advanced Search]
If my lender grants me forbearance, will my payments be higher at the end of the forbearance period?
Article Details

Last Updated
Would you like to...
Print this pagePrint this page
Email this pageEmail this page
Post a commentPost a comment
Subscribe me
Add to favoritesAdd to favorites
Remove HighlightingRemove Highlighting
Edit this ArticleEdit this Article
Edit this Article Quick Edit
Export to PDF
User Opinions (0 votes)
No users have voted.
How would you rate this answer?
Helpful
Not helpful
If you do not make at least interest payments during your forbearance period, the interest will be capitalized.  This could result in higher monthly payments.  How much your payments increase depends on how long your forbearance lasts and the term of your loan.  Although it is not required, it's best to try to make interest payments during a period of forbearance.
Visitor Comments
No visitor comments posted. Post a comment
Post Comment for "If my lender grants me forbearance, will my payments be higher at the end of the forbearance period?"
To post a comment for this article, simply complete the form below. Fields marked with an asterisk are required.
   Your Name:
   Email Address:
* Your Comment:
* Enter the code below:
 
Related Articles
No related articles were found.
Attachments
No attachments were found.