Interest-only mortgages explained Interest-only mortgages provide cheaper month-to-month repayments but what is the catch?

Interest-only mortgages explained Interest-only mortgages provide cheaper month-to-month repayments but what is the catch? Interest-only mortgages offer cheaper month-to-month repayments but what is the catch? There’s two means of spending your home loan each thirty days; payment or interest-only. An interest-only home loan means only having to pay the attention from the stability of one’s mortgage every month, and never …