P & I VERSUS INTEREST-ONLY
Nov 28, 2019
2 minutes
ANDREW NICOL
One of the biggest misconceptions first-time property investors tend to have is that you need to pay off your investment mortgage to get ahead and build wealth.
Conversely, when you run the numbers, long term capital growth creates more wealth than paying down debt.
Take the example of a $500,000 property, financed at 100% on a 30-year principal and interest table loan. It will take
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