Personal details
Age: 42
Spouse’s/Partner's age: 39
Number and age of children: 2 (9 & 12)
Income and expenditure
Annual gross income from employment or profession: 89k
Annual gross income of spouse: 46k
Monthly take-home pay 7200
Type of employment: e.g. both full time private industry
In general are you:
(a) spending more than you earn, or
(b) saving?
We are not solid savers, We put away €800 p/m let it grow then its goes on something
Summary of Assets and Liabilities
Family home worth €800k with a €240k mortgage
Cash of €5k
Defined Contribution pension fund: €80k
Family home mortgage information
Lender AIB
Interest rate 2.35%
If fixed, what is the term remaining of the fixed rate? Fixed rate until Feb 24
22 years left
Other borrowings – car loans/personal loans etc
Do you pay off your full credit card balance each month? yes
2 personal loans
10k car 1
6k car 2
Buy to let properties
N/A
Other savings and investments:
Do you have a pension scheme? yes, we both have
him - 720 employee contribution PM matched by employer
her- 190 employee contribution PM matched by employer
Do you own any investment or other property?
no
What specific question do you have or what issues are of concern to you?
We are really only getting comfortable and on top of things (the last 18month) and are looking to see if we should look to overpay our mortgage or possibly ceasing pensions contributions and putting those sums + more in a 2nd property or other investment
Age: 42
Spouse’s/Partner's age: 39
Number and age of children: 2 (9 & 12)
Income and expenditure
Annual gross income from employment or profession: 89k
Annual gross income of spouse: 46k
Monthly take-home pay 7200
Type of employment: e.g. both full time private industry
In general are you:
(a) spending more than you earn, or
(b) saving?
We are not solid savers, We put away €800 p/m let it grow then its goes on something
Summary of Assets and Liabilities
Family home worth €800k with a €240k mortgage
Cash of €5k
Defined Contribution pension fund: €80k
Family home mortgage information
Lender AIB
Interest rate 2.35%
If fixed, what is the term remaining of the fixed rate? Fixed rate until Feb 24
22 years left
Other borrowings – car loans/personal loans etc
Do you pay off your full credit card balance each month? yes
2 personal loans
10k car 1
6k car 2
Buy to let properties
N/A
Other savings and investments:
Do you have a pension scheme? yes, we both have
him - 720 employee contribution PM matched by employer
her- 190 employee contribution PM matched by employer
Do you own any investment or other property?
no
What specific question do you have or what issues are of concern to you?
We are really only getting comfortable and on top of things (the last 18month) and are looking to see if we should look to overpay our mortgage or possibly ceasing pensions contributions and putting those sums + more in a 2nd property or other investment