PropertyInvesting.com | petrarankin | Activity https://www.propertyinvesting.com/members/petrarankin/activity/ Activity feed for petrarankin. Fri, 17 Apr 2026 10:27:04 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 e5346b4a6af20cc1ab7b020466d3a500 petrarankin replied to the topic Interest Only Loans & Equity in the forum No Subject https://www.propertyinvesting.com/topic/4365897-interest-only-loans-equity/#post-4416300 Fri, 30 May 2003 01:31:18 +0000 Interest only loans are calculated on the daily balance of the debt. So if you pay off a large chunk of the principal the balance will reduce accordingly and your interest payments will reduce by the same proportion.

Petra

]]> 00d26136baf7e43c810e14d49972450a petrarankin replied to the topic Interest Only Loans & Equity in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365897-interest-only-loans-equity/#post-4416297 Thu, 29 May 2003 01:33:16 +0000 It is always possible to make lump sum repayments on interest only loans, but depending on the financial institution you are with they may charge you a fee to do this. The cost can range from nothing to a full break fee costing thousands of dollars so you should probably scrutinise your loan agreement pretty carefully first. Fixed loans usually…[Read more]

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