Interest-only home loans for investment properties
As a property investor, you may be eligible for up to 10 years’ interest-only repayments for your investment property loans—.
What are interest-only repayments?
Interest-only means the repayments you’re making are only paying the interest cost of your loan. You aren’t paying down the principal.
This means that:
- Your monthly repayments will be lower during the interest-only period than they would be if you were paying interest and principal.
- However, as the principal isn’t reducing, you will pay more interest over the duration of your loan.
- After your interest-only period ends your repayments will increase as you’ll start making repayments towards your loan principal, interest, and any other amounts owing, rather than only paying interest.
Interest-only repayments as a tool for property investors
Find out how interest-only repayments could be used as part of your strategy, to help you manage your investment. This guide explains how they work, why some investors choose them, and the key things to consider.
Are interest-only repayments right for you?
Whether you're wanting to extend your interest-only loan, switch your investment property loan to ANZ, or already have one with us, our ANZ Mobile Mortgage Managers can help. They’ll guide you through your options and help you assess whether interest-only repayments are right for your investment goals.
Important information
ANZ lending criteria, terms, conditions, and fees apply to home loans.
This material is for information purposes only. Please talk to us if you need financial advice about your situation and goals or about our products and services. See our financial advice provider disclosure (PDF 39.9KB).