Interest-only mortgages let you pay just the accruing interest on your loan for an introductory period — but they come with high payments once that period ends. These loans mainly benefit those ...
Interest-only payments on a business loan may give you short-term relief if you’re facing financial difficulties. Many, or all, of the products featured on this page are from our advertising partners ...
Jo Davy has over 12 years' experience as a journalist and editor for major print and digital news publishers in Australia and the UK. She has written for The Age, Herald Sun, Domain and City Matters ...
Interest-only mortgages require only interest payments initially, raising future payment amounts. These mortgages suit those expecting higher future income or planning to sell properties soon.