Can we ‘interest' you in lower monthly payments?

With an interest-only mortgage, your monthly payments pay off the interest on your mortgage, not the capital borrowed.

That means a lower monthly outgoing than a traditional repayment mortgage and therefore more accessible funds to help you achieve your life goals. Whether it’s to finance further education for your family or simply to enjoy life more.

At the end of the term, you’ll still owe the original amount you borrowed from the lender, which you will normally be required to pay as one lump sum. So, you need to establish from the outset how you will be covering the total loan cost at the end of your term, but if that suits your circumstances, then an interest-only mortgage may be of interest to you!

At SPF, our lender relationship with the Marsden, enables us to arrange interestonly mortgages to suit your unique, personal circumstances.

To find out if an interest-only mortgage is suitable for you, call us on 715234 or email info@spf.gg