AIB Prevailing Rate fund may have brought you into a lower LTV rate and so you will get a lower rate

M

MarkMul

Registered User
Messages
52
just a quick reminder to get your Loan to Value variable rate changed if applicable.

We got our house revalued last week and that along with the write down brings us from 3.15 to 2.75 so a nice extra little bonus

LTV Variable >80%3.15%
LTV Variable >50%<=80%2.95%
LTV Variable <=50%2.75%
 
3 year fixed @2.55%, if you wanted flexibility of variable could split portion - just an option
 
Does this make a difference to all mortgages. We now owe €191,000 on an apartment that’s worth about €250,000-€300,000? Is it worth applying for a lower LTV?
 
Hi Stacey

You are probably paying the SVR by default which is 3.15%



Your LTV now is between 76% (191/250) and 64% ( 191/300) .

So you should apply for and get the rate of 2.95%

Brendan
 
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