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

Interest-only mortgages explained Interest-only mortgages offer cheaper month-to-month repayments but what exactly is the catch? Interest-only mortgages offer cheaper month-to-month repayments but what is the catch? There are two main methods for spending your home loan each repayment or interest-only month. An interest-only home loan means only having to pay the attention on the stability…