mugsymugsy
Registered User
- Messages
- 125
Current lender: Bank of Ireland (was kbc)
Outstanding mortgage balance: 205k
Approximate value of your property: 515k
The date you started your fixed-rate mortgage: march 2018
How many years you fixed for: 10 (3 years left)
Your current mortgage interest rate: 2.99%
Your current monthly repayment: 1096 approx.
Your property's BER: B2
Are you due to get extra cashback from your current lender in the future: No
So value of property has massively gone up that puts us very much in lower LTV.
Askaboutmoney people were very helpful number of years back with info about breaking fixes. We took advantage and moved from 3.85 down to 10 year kbc 2.99. (had intended to overpay but never did!)
Since then I have changed jobs (in public sector now) and my wife (public sector too) and we have a child and a further one on the way. We are both risk adverse and we are in our forever home. We have done a few jobs around the house but don't plan any major huge changes (maybe change kitchen the most extreme).
So my question is should we consider avant long term mortgage at 3.4%. I have requested break fee just to see what it is. Also checking what over payment we can do (think it's 10%). Or should we leave mortgage until rates are possibly lower if that ever happens.
Outstanding mortgage balance: 205k
Approximate value of your property: 515k
The date you started your fixed-rate mortgage: march 2018
How many years you fixed for: 10 (3 years left)
Your current mortgage interest rate: 2.99%
Your current monthly repayment: 1096 approx.
Your property's BER: B2
Are you due to get extra cashback from your current lender in the future: No
So value of property has massively gone up that puts us very much in lower LTV.
Askaboutmoney people were very helpful number of years back with info about breaking fixes. We took advantage and moved from 3.85 down to 10 year kbc 2.99. (had intended to overpay but never did!)
Since then I have changed jobs (in public sector now) and my wife (public sector too) and we have a child and a further one on the way. We are both risk adverse and we are in our forever home. We have done a few jobs around the house but don't plan any major huge changes (maybe change kitchen the most extreme).
So my question is should we consider avant long term mortgage at 3.4%. I have requested break fee just to see what it is. Also checking what over payment we can do (think it's 10%). Or should we leave mortgage until rates are possibly lower if that ever happens.
