Are interest-only mortgages in your interest? ASIC

Are interest-only mortgages in your interest? ASIC
Are interest-only mortgages in your interest? ASIC

ASIC has produced a checklist for property investors considering interest-only payments for mortgages as well as a case study and various toolkits.

The self-check website outlines risks associated with interest-only loans, the benefits and offers other tips and advice.

For more information, click here.

ASIC has also provided a handy tool for interest-only mortgage calculations, which you can find here, as well as a handy guide to interest-only loans for property investors available here.

 

Michael Crawford

Michael Crawford

Michael is the real estate reporter for western Sydney and loves writing about homes and the people who live in them. A former production editor and news journalist, he enjoys writing about real-world property purchases as well as aspirational buys and builds. Following a recent move from Sydney’s northern beaches, Michael now actually enjoys commuting.

Tags: 
Home Loans Interest Only

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