Mortgage rate advice

I

irishguy

Registered User
Messages
170
I have €190,000 with AIB @ 2.8 fixed till April 2012 and €320,000 @ 3.19% fixed till April 2013. I was thinking of fixing the larger amount (Or both) at the 5 year 4.39. AIB have confirmed that there will be no breakage cost.

Its a big jump in repayments (extra €400 a month) and I am loosing out on the reduced rate, but then I am thinking that when I come off the fixed rates then the interest rate could be a lot higher. What do people think?

Also would AIB's 5 year fixed @ 4.39 be the lowest (it seems to be the lowest I can see anyway)
 
It does seem good if I wasnt on the current reduced rate. I would be paying about another €10,000 over 2 years if I changed rates. Its just hard to know what rates will be on offer in 2 years time.
 
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