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Capital Structure
Loan
Interest Only Loan
Interest Only Loan
Nick Name
Interest-Only
Abbreviation
IO
Parent term
Loan
Interest Only loans require the borrower to only pay interest (no principal) for a set period of time
More about Interest Only Loan
Discusses The Following
Experts
Child Terms
Notes
Common type of
mortgage
in
Australia
The typical
time
for interest only payments is 5 years - then
principal
payments startvgra