MORTGAGE TYPES

Interest-Only Mortgage

Interest-only terms are available to clients in most instances, as long as their equity position is 20-30% of their current property value, although some banks won't allow interest-only payments on lending secured by the family home.

The interest only-terms can vary, depending on the lender.

Available for terms up to 5 years, giving you breathing room when you need it most.

Popular with property investors looking to maximise cash flow while holding assets.

Pay only the interest portion, keeping your regular outgoings to a minimum.

You’ll need at least 20-30% equity in your property to qualify for interest-only terms.

Some banks won’t allow interest-only payments on lending secured by the family home.

At the end of the interest-only period, your repayments will increase as you begin paying down the principal.

At Caldwell Mortgage Advisers, we:

We assess your equity position and determine which lenders offer interest-only terms.

We compare interest-only options across multiple lenders for the best fit.

We help you prepare for when the interest-only period ends so there are no surprises.

Want to explore interest-only mortgage options? Get started today.