In this episode, we discuss a case study with Andrew Nicol about when property investors should use interest-only mortgages.
Andrew shares how a pair of investors he's been working with was a bit confused about whether they should use a principal and interest or interest-only mortgage.
Andrew shares what they decided to go for and the three key reasons why.
Ultimately this allows you, as a property investor, to decide which sort of mortgage you should use.
Want to find out what your mortgage repayments will be on an interest-only mortgage? Use our interest-only mortgage calculator here.
The Property Academy Podcast