W
WebBoard
Guest
From: Gavin J
Being a complete newbie to IPs (I just "discovered" all this a few weeks ago, and I'm madly trying to research everything I can!) - what's the benefit of taking out an "Interest Only" loan?
I've come across this idea a couple of times in my readings now, and I haven't found an explanation (yet!). It seems strange that you wouldn't want to try and pay off the principal as well...
Being a complete newbie to IPs (I just "discovered" all this a few weeks ago, and I'm madly trying to research everything I can!) - what's the benefit of taking out an "Interest Only" loan?
I've come across this idea a couple of times in my readings now, and I haven't found an explanation (yet!). It seems strange that you wouldn't want to try and pay off the principal as well...
Last edited by a moderator: