Hi
Just wondering is going interest only on your mortgage for a year or so a good idea, my partner was made reduntant and things are tight, some was saying that if we were to take this option that when we went back to paying the mortgage in full that our interest rates would be increased some what.
Has anyone any advice, does going interest only take the payments down by much
Just wondering is going interest only on your mortgage for a year or so a good idea, my partner was made reduntant and things are tight, some was saying that if we were to take this option that when we went back to paying the mortgage in full that our interest rates would be increased some what.
Has anyone any advice, does going interest only take the payments down by much