How are loan payments structured?
Milo’s crypto loans are interest-only for the 12-month term. By default, you make 11 monthly interest payments, then a final balloon payment at maturity to cover outstanding principal and any remaining interest. This keeps monthly payments lower and gives you flexibility to refinance, roll over, or pay off the balance at the end of the term.
Prefer not to make monthly payments? Milo also offers a no-monthly-payment option where interest accrues during the term and is paid at maturity, available at a slight premium to the standard interest rate.