10-Year Interest-Only Loans: NZ's Game-Changing Move for Property Investors⎥Ep. 2149

In this episode, we reveal the banks now offering 10-year interest-only mortgages – and why this could be a game-changer for property investors.

While most banks cap interest-only terms at 5 years, some are now doubling that time frame. But that doesn’t mean it’s easier to get. In fact, the lending criteria are often stricter.

We dig into the differences between ANZ and TSB’s approaches, including how much extra income you need to qualify – and how the banks test you differently.

You’ll learn:

• Which banks offer 10-year interest-only terms (and how they work)
• Why interest-only loans are slightly harder to get (despite lower repayments)
• Who this strategy is right for … and when it could hurt you

Want to get an interest-only mortgage? Run the numbers with this interest only mortgage calculator.

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