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The Property Academy Podcast

Case Study Sunday: Interest Only Loans – When Do They Make Sense for Property Investors ⎜ Ep. 1305

08 Apr 2023

Description

In this episode, we discuss a case study with Andrew Nicol about when property investors should use interest-only mortgages. Andrew shares how a pair of investors he's been working with was a bit confused about whether they should use a principal and interest or interest-only mortgage. Andrew shares what they decided to go for and the three key reasons why. Ultimately this allows you, as a property investor, to decide which sort of mortgage you should use. Want to find out what your mortgage repayments will be on an interest-only mortgage? Use our interest-only mortgage calculator here.

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