Is interest-only lending really that bad...

Is interest-only lending really that bad...

When it comes to interest-only lending, there are a few factors that determine whether it’s a good or bad strategy for borrowers.

First up, if your whole portfolio is interest-only, then at some point your repayments are going to switch to principal and interest.

You just can’t have interest only forever and at some point, a debt will have to be repaid/reduced.

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Source: Michael Yardney's Property Update.