IS an INTEREST ONLY MORTGAGE LOAN Right For You?
Thinking about an interest-only mortgage in New Zealand? Whether you’re a first-home buyer, property investor, or looking to manage cash flow, an interest-only home loan can be a powerful tool—but it’s not for everyone! In this video, we break down the pros and cons of interest-only mortgages and whether they suit your financial goals.📌 Here’s what we cover:✅ What is an interest-only mortgage, and how does it work in NZ?✅ The downsides of an interest only loan✅ How an interest-only loan impacts your serviceability✅ How easy is it to switch from a principal to interest only loan?Whether you're looking to buy your first home, expand your property portfolio, or improve cash flow, understanding how interest-only loans work is essential. Get expert insights and make the right choice for your financial future in New Zealand!📢 Subscribe now for expert property advice, mortgage tips, and NZ real estate strategies!Contact Jason: https://mhq.co.nz/staffmember/jason-lai/Learn more: https://mhq.co.nz/mortgage/is-an-interest-only-mortgage-loan-right-for-you/