Pay only the interest every month
- Repay the mortgage in the end for the term
- Fixed monthly repayment
- Pay only the attention on your home loan
Repay the mortgage during the end associated with term
Each month with our Interest-Only Mortgage, you pay only mortgage interest. Before the end for the term, your payments that are monthly perhaps not get towards paying down the real estate loan, until you choose to make repayments your self. Your home loan financial obligation shall consequently perhaps perhaps maybe not alter, and neither will the mortgage interest you spend, supplied the rate of great interest remains exactly the same.