fishandchips
Registered User
- Messages
- 18
hi
, i am considering purchasing a campervan and have been advised to add the loan to cost to my mortgage, i have about 10 years left in my mortgage which is 58,000 euro, the house value is about 450,000 euro, the cost of the van would be somewhere between 20,000 and 30,000 euro, mortgage is with EBS and was taken out 10 years ago, Financial matters are not my forte and i rarely borrow, i am a long standing member of a credit union and this would also be an option. i therefore seek anyones advice, what would this loan add to my monthly repayments, is this the best way to do it, is the credit union the better option. Would i be mad to spread it out over the ten years any views welcome. the mortgage is variable rate and not an endowment if that makes any differance, thanks in advance
, i am considering purchasing a campervan and have been advised to add the loan to cost to my mortgage, i have about 10 years left in my mortgage which is 58,000 euro, the house value is about 450,000 euro, the cost of the van would be somewhere between 20,000 and 30,000 euro, mortgage is with EBS and was taken out 10 years ago, Financial matters are not my forte and i rarely borrow, i am a long standing member of a credit union and this would also be an option. i therefore seek anyones advice, what would this loan add to my monthly repayments, is this the best way to do it, is the credit union the better option. Would i be mad to spread it out over the ten years any views welcome. the mortgage is variable rate and not an endowment if that makes any differance, thanks in advance