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Interest only mortgages
When you have an interest only mortgage, your monthly payments only pay the interest charged on the amount you borrowed. This means the interest only balance doesn’t reduce and you’ll need to have separate plans to pay this amount by the time your mortgage ends.
Can you repay your interest only balance?
Ways to repay your interest only mortgage
From using investments to making overpayments, watch our video to find out the different ways you can repay your mortgage.
The sooner you talk to us, the more options you may have.
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