Which loan type should you pick? Principal and Interest or Interest only?For the overwhelming majority, a home purchase is the most expensive and important decision we make in our lifetime, so it's only fair we dissect the two different loan types available for future Aussie property buyers with Mortgage Broker Redom Syed.In this episode we discuss:What is a principal and interest home loanWhat is an interest only home loanWhen is each type used for home owners vs investorsThe implications of each loan type of future borrowing capacityStrategies to maximse your borrowing capacity and allow you to keep making purchasesPlus much more!If you want to learn more about Redom and what he does - head over to his website: https://www.confidencefinance.com.au/Don't forget to check out the summary post on our Instagram.We just launched Youtube!YOUTUBE: https://www.youtube.com/@everythingproperty_auFacebook: facebook.com/everythingproperty.auInstagram: www.instagram.com/everythingpropertyLinkedIn: linkedin.com/everythingpropertyWebsite (Coming soon)Disclaimer: The topics, conversation, opinions and discussion provided in this episode  are general in nature. As a listener you should not take or use the information discussed as financial advice. Everything Property and its associates recommend that you always engage in independent financial advice before making any investment or purchasing decision. 

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