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Principle and interest loans: In this kind of loan both the principle amount or capital as well as the interest component is repaid. This is the most common loan for residential finance. This differs from an interest only loan that is common with investment properties. Generally speaking over the first years of a loan little principle is repaid. The majority of the principle of the loan is repaid over the last few years of the loan. This illustrates why it is so important in making extra payments to reduce the principle of capital amount of the loan. Simply fill out the form and we will contact you with a response within 24 hours ( Monday - Friday ). Fill out the form

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