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As long as you're ok with not having the principle repaid, your mate begrudging you for the loan and avoiding you then there shouldn't be any issues.
^ this.
Speaking from experience, although the sum involved was smaller.
ChasnotRobert-
This, speaking from experience, multiple times with larger sums.
Would I do it again? Yes, absolutely, if I can afford it and genuinely can afford to lose it.
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My punctuation wasn't that clear and it should have been and/or. As in any combination of the 3 is likely to happen.
Fwiw I do think it's a really nice gesture.
Stonehedge
hugo7
A mortgage broker would be best place to tell you and your friend how to account for the loan.
As long as you're ok with not having the principle repaid, your mate begrudging you for the loan and avoiding you then there shouldn't be any issues.