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Interest only or principal and interest explained

John Pidgeon explains the difference between interest only and principal and interest

Interest Only vs Principal and Interest

I get this a lot! Do we pay interest only or principal and interest? There is no right or wrong answer to this, it’s specific to you. Here are six key indicators.

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Solvere Disclaimer: This video should be used as a guide only. This does not take into account your personal circumstances. It is not intended to be your sole source of information when making a financial decision. It is advised that you consult a professional financial advisor before acting in any way.