Interest Only Loans

An interest only loan allows you the ability to reduce or minimise the loan repayments, generally this strategy is only used on investment loans, allowing you to focus on reducing primary owner occupied debt or personal debt.

It is important to remember that while this strategy reduces the repayment it does not reduce the principle debt and therefore may not increase your equity or ownership of the property, so care needs to be taken with such a strategy.

Please contact us for a disucssion about your personal situation and finance options.