If you are looking for interest only mortgages with low monthly payments, you are on the right page. Here in this guide, you will find all the articles related to interest only mortgages.
Interest-only mortgage is the type of mortgage that allows you to make monthly repayments that only cover the interest on the money that you have borrowed. These monthly payments won’t cover any original borrowing. In this category of mortgages, you have to pay the complete amount at the end of the mortgage term. In the UK, we have many types of interest-only mortgages such as Endowment Mortgage and RIO Mortgage (Retirement Interest Only)
In this guide on interest only mortgages, you wil also find the articles such as What are interest-only mortgages?, What should I do if I have an endowment mortgage shortfall?, and Retirement interest-only mortgages explained.