Part and Part Mortgage
A part and part mortgage, sometimes called a split mortgage, is when you have a combination of both repayment and interest only. In recent years many people have converted part of their mortgage to repayment to allow for the anticipated shortfall in their endowment and this has resulted in them having a part and part mortgage.
Use Mortgage Cost Calculator to help you compare the monthly cost of a Repayment and an Interest Only Mortgage.
Calculate your monthly payment and the impact of any prepayments
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