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Principal & Interest vs Interest Only

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Principal & Interest vs Interest Only

Here at Milk Chocolate, we engage in a wide array of different briefs, from investment properties to future principal places of residence to building entire property portfolios. We, therefore, spend quite a bit of time handling home loans. It’s incredibly important to be aware of the differences between a principal and interest loan and an interest-only loan as well as the advantages and disadvantages associated with each.

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