I re-mortgaged to the tune of €100,000 in August of this year, for a 19 year period, with PTSB. This is a repayment mortgage (ie interest + capital). I have come into €50,000 and I think my priority should be to offset this against the €100,000 borrowed. I would like, when this has been done, to end up in a situation where I am then making repayments on €50,000 (ie 100k less 50k) over the same 19 year period. In essence I want my repayments to reduce rather than the period of the mortgage. I recall some posts here some time back cautioning people as to how to word such requests to the financial institution, so that the person ends up with exactly what they thought they were agreeing to. Other than explaining myself to PTSB, as I have done above, is there anything else I should be aware of, or should say to PTSB to ensure that the 50k is taken off the 100k, leaving me with lower repayments (presumably about 50% of present repayments) over the same 19 year period? Any advice appreciated.