Author: admin

When it comes to owning a house, it is exciting and overwhelming at the same time to see multiple mortgage options. While many mortgage options are available in the market, the interest-only mortgage is the most suitable one for those looking forward to flexibility in repaying their home loans. Wondering what an interest-only mortgage is? Well, let’s begin with our short guide to help you understand what these mortgages are, their benefits, and whether it is a good idea to opt for them. What is an Interest-only Mortgage? As understood by the name, the interest-only name is what allows the…