What is the difference between a principal and interest home loan and an interest only home loan |
|
| FAQ - ABOUT HOME LOANS |
|
A Principal and Interest home loan is where the principal and the interest are repaid together for the term of the mortgage loan. An Interest Only home loan allows you to pay only the interest on the mortgage loan, rather than paying both principal and interest. This payment option may be useful for property investors because it maximises the investor's tax deductions. For more details on the various home loans and investment loans Intellichoice has available, including a split home loan, fixed home loan or a standard variable home loan, just to name a few, speak to a mortgage broker on 1300 55 10 45. |
| Last Updated ( Tuesday, 25 May 2010 12:28 ) |
Speak to a mortgage broker today to find out how we can help you with all your home loans, invoice finance, bad credit home loans and owner builder finance needs. Our mortgage brokers have access to over 800 mortgage loan products and 35 mortgage lenders.
Many people have differing financial dreams and financial planning can assist you in meeting those goals. Our financial planners aim to help grow your wealth through real estate and other investments in a safe and cost-effective manner.
Ultimately, what every investor is seeking is a strong return on their investment and you can be assured that any property in Australia that we recommend, have been selected on the basis that they offer you the best possible returns for your dollar.