A loan structure where the borrower only pays the interest during the term, with principal due at maturity.
A loan structure where the borrower only pays the interest during the term, with principal due at maturity. Lygos Finance offers streamlined 10% APR loans where borrowers can manage cash flow efficiently, paying off the $50K-$50M principal at maturity while keeping their Bitcoin untouched in a DLC.
In an interest-only loan, monthly payments are significantly lower because they do not reduce the principal balance. The borrower is only responsible for the cost of borrowing over the loan's duration. At the end of the term, the borrower must either pay back the entire principal in a lump sum or refinance the debt.
Lygos Finance offers streamlined 10% APR loans where borrowers can manage cash flow efficiently, paying off the $50K-$50M principal at maturity while keeping their Bitcoin untouched in a DLC.
Understanding Interest-Only Loan is critical when comparing loan offers. This concept directly affects how much you pay, how much collateral you need, or what happens if market conditions change during your loan.
Starting at 10% APR, $0 origination fees, and DLC-secured collateral on the Bitcoin blockchain.