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I figure you'll be doing pretty badly to not double your property value and wages over 10 years. 7.2% per year compound growth sounds reasonable to me. So a $260,000 loan on a $300,000 property today becomes a $260,000 loan (IO) on a $600,000 property in 10 years, plus I figure you'll have...

Why don't you just fix your interest rates for 10 years, after 10 years the costs will be insignificant compared to average wage and property value. andy