Interest-only mortgages
You only pay interest to your lender throughout the mortgage term and your mortgage balance doesn't reduce. At the same time, you put money into a separate investment vehicle, which should grow and pay off the mortgage as scheduled. You must make sure you keep premiums up to date on any mortgage investment products. It is your responsibility to make sure you have enough money to repay the mortgage at the end of the term; otherwise you could lose your home.
