Should I switch my mortgage?

[emily_moss]

Hi,

With all this talk of switching mortgages and new offers out there, should I switch my mortgage or am I getting a good deal?

My current mortgage is an AIB tracker mortgage at a rate of 3.45%.
I have €131K outstanding on the mortgage and my house is worth €240K.

I am a bit lost when it comes to this so any help or suggestions would be great.

 

[CCOVICH]

Is the 3.45% nominal or APR?

I'd say you can do better. The NIB tracker is the cheapest available for LTV less than 60%.

They also subsidise legal fees.

You can compare tracker rates on [broken link removed].

 

[emily_moss]

I would presume it is 3.45% APR.
I will look into NIB tracker.

Thank you.