Which mortgage type suits you?
Annuity, linear or interest-only: each type splits your interest, repayment and tax benefit a little differently. Below we lay out the differences side by side, so you can see more quickly which one fits your plans.
Eight mortgage types at a glance
From the popular annuity mortgage to a few variants you mostly still come across for tax reasons. With one it is all about low monthly payments, with another about repaying quickly or getting the most tax benefit.
Annuity mortgage
The same gross amount every month. Mostly interest at first, mostly repayment later.
Bank savings mortgage
Loan plus a blocked savings account. At the end you repay it all at once.
Bridging mortgage
A temporary loan that bridges the equity in your old home.
Credit line mortgage
Revolving credit secured by your home. Draw and repay whenever you want.
Interest-only mortgage
Pay interest only. The principal stays outstanding the whole term.
Investment mortgage
Interest only plus investing. How much you build up depends on returns.
Linear mortgage
The same repayment every month. Your total payments sink gradually.
Savings mortgage
Interest plus saving in a policy. Your final capital is guaranteed.
Want to talk it through with an adviser?
Plan a conversation with an adviser near you. You'll simply hear what's possible, with no strings attached.