interest-only loan

With an interest-only loan, you pay just the interest for a few years.

Interest-only loans were especially popular in the years running up to the financial crisis.

Financing out of an interest-only loan may not be easy.

First, interest-only loans will cost more in interest over the life of the loan.

Interest-only loans allow you to pay only the interest that is owed on the money.

You might still get an interest-only loan, but it's not cheap.

You can't get away from the fact that interest-only loans are a more expensive way to buy property.

The jolt can be higher for people with interest-only loans.

In this type of economic environment interest-only loans become far less attractive.

They use the capital to boost their income by taking a special interest-only loan against the value of the house.

With an interest-only loan, you never paid off any of the debt owed on the home.

Interest-only loans were quite fashionable in the boom years but make little sense for most people.

Homeowners looking to take out an interest-only loan today will find it much harder.

There are, however, potential benefits for borrowers who take out interest-only loans.

That sort of a population is still more likely to rally behind a less costly 10-year, interest-only loan.

There are various types of investment schemes used to cover an interest-only loan.

As a result, interest-only loans have much higher delinquency rates than standard mortgages.

Today, far fewer banks or building societies will consider offering interest-only loans.

You can have a stand alone interest-only loan (for a five year term, variable or fixed).

If you are repaying both capital and interest, switch to an interest-only loan.

“I know people who went for those interest-only loans.

He was advised to take an interest-only loan to buy an overpriced property.

During the boom, interest-only loans also became popular, leaving the full balance due at maturity.

The initial mortgage had been an interest-only loan, supported by an endowment policy.

I have an interest-only loan on my home, two car loans and credit-card debt.