All Topics / The Treasure Chest / Interest Only Bank Loans ???????

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  • Profile photo of Johnny1Johnny1
    Member
    @johnny1
    Join Date: 2003
    Post Count: 58
    August 17, 2003 - 5:35 am

    I am a “newbie” to property investment and would like to know what advantages & disadvantages “interest only” bank loans have over the traditional “principal and interest” type loans. I am particularly interested in the long term effects.

    Any help would be appreciated. [:)]

    Profile photo of richmondrichmond
    Participant
    @richmond
    Join Date: 2003
    Post Count: 831
    August 17, 2003 - 5:52 am

    g’day johnny

    do a search and you’ll get heaps of previous discussion

    cheers mate
    r

    Profile photo of Johnny1Johnny1
    Member
    @johnny1
    Join Date: 2003
    Post Count: 58
    August 17, 2003 - 6:04 am

    Thanks Richmond [:D]

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