CoconutChia
New Member
- Messages
- 4
Need some help on what is best with mortgages.
Rental1 worth €220k with mortgage of €56k - tracker (buy to let) - 1.35% +ECB - currently 5.1% - rental income €1000
Rental2 worth €350k with mortgage of €56k - tracker(originally ppr before marriage) - 0.6% +ECB -currently 4.35% - rental income €2000
PPR_Family house - worth €350k with mortgage of €120k - variable 3.10%
Combined salaries 150k
Cash of €100k
Pension and AVC maxed
No loans apart from mortgages
What specific question do you have or what issues are of concern to you?
Was thinking of fixing both AIB trackers for the 5 year term and overpaying balance on PPR by 40k but leaving it at variable as it seems to be better than current fixed rates -would this be a good idea?
Rental1 worth €220k with mortgage of €56k - tracker (buy to let) - 1.35% +ECB - currently 5.1% - rental income €1000
Rental2 worth €350k with mortgage of €56k - tracker(originally ppr before marriage) - 0.6% +ECB -currently 4.35% - rental income €2000
PPR_Family house - worth €350k with mortgage of €120k - variable 3.10%
Combined salaries 150k
Cash of €100k
Pension and AVC maxed
No loans apart from mortgages
What specific question do you have or what issues are of concern to you?
Was thinking of fixing both AIB trackers for the 5 year term and overpaying balance on PPR by 40k but leaving it at variable as it seems to be better than current fixed rates -would this be a good idea?