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MSE guide: Interest-only mortgages

MSE_Kit
Posts: 108 MSE Staff

This is the discussion thread for the Interest-only mortgages guide.
The guide tackles topics such as:
- How interest-only mortgages work
- Who can get one
- How much they cost
- How to reduce the cost of an interest-only mortgage
- What to do if you can't repay an interest-only mortgage
The guide tackles topics such as:
- How interest-only mortgages work
- Who can get one
- How much they cost
- How to reduce the cost of an interest-only mortgage
- What to do if you can't repay an interest-only mortgage
If you haven't already, join the forum to reply.
0
Comments
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DS1 managed to get a part repayment, part interest only mortgage at a very competitive interest rate. Deposit was 20%. As his salary hopefully increases he will move to full repayment gradually.I'm a Forum Ambassador on the housing, mortgages, student & coronavirus Boards, money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0
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