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05-Feb-2013

Ask An Expert: P&I or Interest Only?

Paula asks the APIA Expert Panel: Why do some people choose loan repayments at principal and interest or interest only? How do they decide which is better for that property? Lena Li, ANZ Mobile Mortgage Manager, Answers Paula, when you take out a Home Loan, you have two repayment choices: principal and interest (table) or interest only. Principal and Interest (Table) Table rep...

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