Originally posted by Cirrus
View Post
I must say I've always detested the idea of an interest-only mortgage, not least because each time I applied for a mortgage, the building society wallahs tried desperately hard to persuade me to choose one, and what's obviously so good for them (I reasoned) probably won't be good for me. But also, the extra tenner a month, or whatever it was, to be paying off the principle as well as the interest seemed literally a small price to pay.
Comment