Interest Only (IO) or Principal & Interest (P&I)? The Pros & Cons
How do Interest Only (IO) and Principal & Interest (P&I) work? Is it better to adopt IO or P&I repayments on your loan? Learn here the pros and cons and which strategy is better to adopt. When rates are low, paying Principal & Interest (P&I) makes sense as it allows for faster loan repayments. However, …
Interest Only (IO) or Principal & Interest (P&I)? The Pros & Cons Read More »