An interest-only deal require that only the interest on the e-mortgage is paid off on a regular monthly basis, the rest of the actual amount borrowed is then paid off via another method e. g. a pension, an endowment, or an ISA. This means that the monthly repayments do not actually pay back any of the initial loan. The borrower must be sure to make regular payments to the other method (pension, endowment, or ISA) to ensure the complete payment of the e-mortgage by the end of the agreed period. There are also many different forms of interest rates associated with the various types of e-mortgage deal offered.

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