Interest-only Loan
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Standard home loans repayments include both the interest, as well as a portion of the principal amount. Interest-only home loans remove the principal from the equation, so you can reduce your monthly repayments. |
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Interest-only features:
- Available for up to ten years for either a Variable or Fixed Rate Investment Home Loan
- We can lend up to 95% of the property valuation or purchase price, whichever is less
- Ideal for property investors looking to sell in the short-term
- Interest-only repayments do not reduce your loan amount
- Lenders mortgage insurance may apply
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