Repayments
Interest-only vs principal and interest: the real long-term cost
A $700k IO loan at 6.3% costs $1.32M over 30 years vs $1.55M for P&I. When IO makes sense in 2026.
A $700k IO loan at 6.3% costs $1.32M over 30 years vs $1.55M for P&I. When IO makes sense in 2026.