There is a lot to think about when it comes to your home loan. One financing option worth considering is to opt for an interest only loan. This means that you make repayments to cover the interest only on the principal amount over the lifetime of the loan. However, there are both benefits and disadvantages that need to be taken into account if you are considering this option. There are also helpful strategies that can be put in place to make this option work for you. Weighing up the benefits Having an interest only home loan will reduce the amount …