We own our PPR outright, have no debt and a fairly substantial amount of cash available. We have two IPs, with I/O loans. We plan to buy another IP: Should we go with a 100% I/O loan or put a deposit down and pay P&I with a significant sum in an offset account, which should result in us owning the property in c.20years at similar repayments to the I/O loan. Then we'd own the property and have an income stream or sell and get the principal plus any capital growth, rather than just relying on capital growth. Would it make sense to go with the P&I option?