Capital repayment Mortgage

This is the most common type of mortgage repayment that we arrange for our clients. Monthly repayments cover an element of the capital as well as interest accrued. As the term progresses the balance of the capital will reduce as well as the interest. The loan will be fully repaid at the end of the term with no surprises from mortgage providers requesting a lump sum to repay the outstanding mortgage balance.

Jason - The Mortgage Hub

Interest Only mortgage broker
in Barnstaple, North Devon

Where an interest only mortgage is arranged. Clients will only repay the interest each month from the accrued interest. At the end of the mortgage term the outstanding capital will need to be repaid. This type of mortgage is popular with clients who meet lenders interest only criteria in terms of a suitable repayment vehicle for the capital.

Loans - Mortgage Hub

Your home is at risk if you do not keep up
repayments on your mortgage.