Once the first home is sold, the proceeds are put towards your overall debt and the balance (end debt) will either revert to principal and interest repayments or you will have to enter into a new loan. Light and airy mezzanine level accommodation available to sub ??let above our open ??plan studio, with access to shared WCs, shower and kitchenette on the lower level. Partially fixed rate A partially fixed rate loan (also known as a split loan) lets you pay a fixed rate on a portion of your loan and a variable rate on the rest.
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