According to UBS’ Australian Banking Industry Revision towards the 19 Sep, and that inside an anonymous questionnaire of just one,008 people just who took out a home loan within the last twelve days, 18 per cent reported that it do not know when their attention-just (IO) loan ends, if you find yourself 8 per cent considered the IO name is actually 15 years, which does not exist from the Australian market.
The research discovered that fewer than half out-of participants, otherwise 48 %, experienced their IO term ends inside 5 years. Continue reading “I assume this is certainly gonna gamble off to the second one year, UBS produced in their revision declaration”