Oh, yes ~ home savings tried to run that one by us, even after saying no and being sure it was mentioned NOWHERE on our closing documents the monthly payment coupon booklet showed up with three payment choices :
1. Normal full interest and principal payment .
2. Interest only
3. minimum payment that guaranteed increasing principal balance .
To my surprise my ex wife wanted to pay the lowest cost option every month and didn't grasp why I said no even though it meant I had to buy used clothes, no new cars, on and on....
She now has a house with a large mortgage, I'm on target to have mine paid off before I die to my grand daughter will get essentially free house....
Or at least one that's easy to make the payments on and has but a few years left .
I *think* this sort of thing was taught in the 'Home Economics' class in high school that I didn't take because I thought it was only for the girls....
Too soon old, never going to be wise I guess
.