
Interest Only really a Time Bomb?
#interestonly #timebomb I'm sure you've read the Interest Only Time Bomb headline before in the papers or online. I know I have, but the interesting thing is none of the articles I've read actually just shows you the numbers! For the readers who don't know what this interest only time bomb, here's the short version. Basically there's borrowers out there with interest only loans and at the end of the interest only term they will revert back to principal and interest repayment