Andy_W replied to the topic Interest Only Loans in the forum The Treasure Chest 21 years, 3 months ago
IO Loans a usually for a period of 5 years. Is this correct? Or can you have an IO loan for an indefinate period of time?
Cheers
Simply re-financed to another I/O loan after the five years is up.
Andy_W replied to the topic Interest Only Loans in the forum The Treasure Chest 21 years, 3 months ago
IO Loans a usually for a period of 5 years. Is this correct? Or can you have an IO loan for an indefinate period of time?
Cheers