R
returingjohn
Guest
Hi,
Thanks to a lot of advice and help I got here three years ago I took out a mortgage with B of I with a tracker at ecb + 1.15.
B of I have been on to say they may now be able to do a bit better and are to get back to me. My questions:
What kind of a rate should I be agruing for now? My ltv is less than 60% (just at about 58/59%)
If I could bring the payments down I have worked out on Karl Jecale's calculator that if I do an overpayment of 100 a month I would save €14,900 approx and 3yrs 4months. Am I doing this right? Its approx 160,000 with 22 yrs left to run.
My idea was that if they could offer better rate and lower repayment I would stay paying what I am paying now, so no difference to me on a monthly basis but save alot in long run -- this make sense?
Couldn't get the old login details, sorry for the error in user name - is was meant to me returning rather than returing.
Thanks. John.
Thanks to a lot of advice and help I got here three years ago I took out a mortgage with B of I with a tracker at ecb + 1.15.
B of I have been on to say they may now be able to do a bit better and are to get back to me. My questions:
What kind of a rate should I be agruing for now? My ltv is less than 60% (just at about 58/59%)
If I could bring the payments down I have worked out on Karl Jecale's calculator that if I do an overpayment of 100 a month I would save €14,900 approx and 3yrs 4months. Am I doing this right? Its approx 160,000 with 22 yrs left to run.
My idea was that if they could offer better rate and lower repayment I would stay paying what I am paying now, so no difference to me on a monthly basis but save alot in long run -- this make sense?
Couldn't get the old login details, sorry for the error in user name - is was meant to me returning rather than returing.
Thanks. John.