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Can i change from an interest only mortgage to a capital and interest mortgage?

I am 6 years into an interest only mortgage and want to change to a capital and interest mortgage. How do i go about this andhow do i get the money i have already paid into my endowment policy?


If you want to totally restructure the loan so that you're required to pay principal and interest you will have to refinance. They will give you new loan docs etc and there will probably be some fees associated with the refi. Otherwise, if you don't care

Interest Only Mortgage Loan | SocialRealtyTV

If you have a variable income an Interest Only Mortgage Loan may be a good choice.

Personal Investment & Loan Tips : Interest-Only Mortgage Tips

Interest-only mortgages are loans that only require the interest be paid every month. These are good loans for quickly rising property values ...

Interest Only Mortgage Calculator - Pay Off Your Loan Fast!

www.HomeMortgage.com The HomeMortgage.com interest only mortgage calculator can help you save on monthly payments and get out of debt faster ...

Mortgage payment calculations formula

Mortgage payment calculations formula

Loans & Credit Scores : How to Calculate an Interest Only Mortgage

When calculating an interest-only mortgage, figure out the loan amount, the interest rate and the term on the loan. Do simple calculations to ...