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Interest-Only vs Repayment

Interest-only or repayment?

Compare the monthly cost and the lifetime cost — and see what you’d still owe at the end on interest-only.

£
%
25 yrs
Interest-only is cheaper by
£0
a month — but read the catch
Extra interest over term
£0
Still owed at the end
£0

Side by side

Over the full termRepaymentInterest-only

Interest-only keeps payments low, but the full loan is still outstanding at the end — you need a separate plan (savings, investments or sale) to repay it, and you pay more interest overall because the balance never falls.