Capital and Interest
Capital and Interest Mortgages in Bromley
Capital and Interest
This is the simplest type of mortgage. The payments you make to the lender every month pay off both the capital and the interest from the loan. Provided you keep up the payments, you are guaranteed to pay off the loan by the end of the term agreed.
The lender calculates your monthly repayments depending on the amount borrowed, how long for, the interest rate & how the rate you have chosen is set.
This is also the less riskiest of the mortgage options as it is not reliant upon other methods of paying off the mortgage such as endowments, ISA's or pensions.
Arrange a Consultation
To find out more about our capital and interest mortgages in Bromley, call us on 0800 848 8093 today to arrange to meet one of our advisors.