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If you’re looking to taking out a mortgage loan, you may be offered two options; interest-only or repayment mortgage.
The two types of mortgages that you can choose from are repayment and interest only. Read on to understand more.
One of the big questions when it comes to mortgages is how to repay and which way is best
Those with interest only mortgages could face financial ruin if they do not have a plan to pay back the bulk of their loan, according to Abbey.
More than a million borrowers are not saving properly to repay their interest-only mortgage.