"NOYB" wrote in message
nk.net...

I have an interest only loan because: a) it makes no sense to tie up my
money by paying principal on a home that's appreciating 20-25% per year in
value, b) my business won't be paid off until 2009...at which time I will
get a $6000/month "raise".


I can see a lot of 'snowbirds' are gonna have their feathers plucked.