Hi there,
Hoping for some help here as I’m finding it difficult to calculate myself.
Myself and my partner are purchasing a home in Cork using a stage payments approach. The house itself is in an estate so I am aware stage payments are unique in this case nowadays.
Would I be able to get advice on what the mortgage payments might be based on the stages of drawdown?
We should get loan approval soon for a mortgage with Haven at 300,000 over 30 years at 2.55% interest rate.
I’m struggling to understand what the payments themselves will be during each stage.
Stage 1: 68,250
Stage 2: 68,250
Stage 3: 68,250
Stage 4: 68,250
Stage 5: 20,000
Stage 6: 20,000
Snag List completion: 5,000
Any guidance would be much appreciated.
Hoping for some help here as I’m finding it difficult to calculate myself.
Myself and my partner are purchasing a home in Cork using a stage payments approach. The house itself is in an estate so I am aware stage payments are unique in this case nowadays.
Would I be able to get advice on what the mortgage payments might be based on the stages of drawdown?
We should get loan approval soon for a mortgage with Haven at 300,000 over 30 years at 2.55% interest rate.
I’m struggling to understand what the payments themselves will be during each stage.
Stage 1: 68,250
Stage 2: 68,250
Stage 3: 68,250
Stage 4: 68,250
Stage 5: 20,000
Stage 6: 20,000
Snag List completion: 5,000
Any guidance would be much appreciated.