Interest-Only
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- 1 Types
An ISA mortgage is a type of interest-only mortgage where the borrower repays only the interest and simultaneously invests in an Individual Savings Account (ISA) to repay the principal at maturity.
A comprehensive guide to understanding fully amortizing payments, including their definition, practical examples, and comparison with interest-only payments. Learn how these payments work to ensure that the loan is paid off by the end of its term.
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