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With capital & interest, your monthly payments gradually reduce the loan until it’s fully repaid at the end of the term. With interest-only, you only pay the interest each month and still owe the full loan at the end, which must be cleared another way.
Andy Wilson Financial Services Ltd is registered in England No. 07547809. Registered Office: Landmark House, 1 Riseholme Road, Lincoln, LN1 3SN.
Andy Wilson Financial Services is a trading name of Andy Wilson Financial Services Ltd, an appointed representative of HL Partnership Limited which is authorised and regulated by the Financial Conduct Authority.
The guidance and /or information contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.
