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"Interest
only mortgage information repayment,
looking for a great deal find out
what's available in the uk."
Interest Only Mortgage
These
types of mortgages are people who may already have an endowment or
other repayment vehicle in place, which is designed to clear the
mortgage at a point in the future. Or your current circumstances
are short term and keeping the monthly repayments to a minimum is
important.
Having
an interest only mortgage means the sum you borrowed or capital will
remain the same. If you were to only pay the interest for the
term of your mortgage you would still owe the amount you have
borrowed. You must either have
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