The Interest Only Home Loan product is a great investment option for those who wish to buy property and then sell it for a profit.
Unlike the traditional home loan where your repayments pay off the interest and principal, an Interest Only Loan repays just the interest for the duration of the loan with the principal to be paid in full at the end of the loan term.
An Interest Only home loan can also be used to refinance your existing home loan or to pay for home renovations.
