Interest-only mortgages allow borrowers to only pay for the interest that accrues on the loan for a specific period. These types of mortgages can be helpful, as the initial monthly payments are ...

In the interest-only phase, you make smaller payments, usually for a period of three to 10 years, that include only interest.

Interest-only mortgages let you pay just the accruing interest on your loan for an introductory period — but they come with high payments once that period ends. These loans mainly benefit those ...

Interest-only payments on a business loan may give you short-term relief if you’re facing financial difficulties. Many, or all, of the products featured on this page are from our advertising partners ...

Jo Davy has over 12 years' experience as a journalist and editor for major print and digital news publishers in Australia and the UK. She has written for The Age, Herald Sun, Domain and City Matters ...

An interest-only mortgage is a home loan where the borrower makes monthly payments on only the interest they owe their lender for the first few years of their loan. During this period, which usually ...