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Interest-only buy-to-let mortgage rates This table below shows fixed buy-to-let mortgage deals on an interest-only basis, which means Interest-only or repayment – what’s the difference? With an Interest-only mortgage: Each month, you only pay back the interest on the money you borrowed. Discover how this pivot can save you thousands An interest-only mortgage is a home loan that only allows you to pay off the interest on your borrowing each month. Switch to interest only payments for six months, with no impact on your credit score. Find out more today. If you don’t, you will have a large Interest-only mortgages are popular for their lower initial payments, especially for investors and the self-employed. Understand eligibility, lenders and repayment options. 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