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The Finance Directory Blog

"Interest only mortgage information repayment, looking for a great deal find out what's available in the uk."

Interest Only Mortgage

These types of mortgages are people who may already have an endowment or other repayment vehicle in place, which is designed to clear the mortgage at a point in the future.  Or your current circumstances are short term and keeping the monthly repayments to a minimum is important.

Having an interest only mortgage means the sum you borrowed or capital will remain the same.  If you were to only pay the interest for the term of your mortgage you would still owe the amount you have borrowed.  You must either have

Enter our Mortgage Directory

This category covers them all buildings & contents, mortgage protection, life, car, travel or even pet. Compare quotes online.

Credit Cards  
With lots of companies offering interest free on balance transfer it makes great sense and it's so easy to apply online.

With so many banks now online have you got the most convenient bank and highest rate of interest. Find out who's offering what at the click of a button.