riverrushes
Registered User
- Messages
- 9
Age: 43
Spouse’s/Partner's age: None
Annual gross income from employment or profession: 50,000
Additional 14,000 other income
Type of employment: Public Servant
In general are you:
(a) spending more than I earn
Rough estimate of value of home 110,000
Amount outstanding on your mortgage: 75,000
What interest rate are you paying? 4.2 % BOI
Other borrowings – car loans/personal loans etc 48,000
Do you pay off your full credit card balance each month? No
If not what is the balance on your credit card. 16,000
Savings and investments: Credit union 8,000
Do you have a pension scheme? Yes
Do you own any investment or other property? Yes
Ages of children: None
Life insurance: bank BOI mortgage
What specific question do you have or what issues are of concern to you?
I want to refinance my Borrowings. I want to extend my mortgage (currently has 12 years left) back out to 20 years (where it started in 2009.) I currently pay 690 a month. I originally borrowed 110,000(75,000 remaining). I wish to borrow an additional 40,000 on switching my mortgage from BOI bringing my total mortgage to 115,000 over 20 years. The additional 40,000 will be paid down against the 64,000 other debt I have outstanding. Does anyone know a bank/ lender willing to do this.
Spouse’s/Partner's age: None
Annual gross income from employment or profession: 50,000
Additional 14,000 other income
Type of employment: Public Servant
In general are you:
(a) spending more than I earn
Rough estimate of value of home 110,000
Amount outstanding on your mortgage: 75,000
What interest rate are you paying? 4.2 % BOI
Other borrowings – car loans/personal loans etc 48,000
Do you pay off your full credit card balance each month? No
If not what is the balance on your credit card. 16,000
Savings and investments: Credit union 8,000
Do you have a pension scheme? Yes
Do you own any investment or other property? Yes
Ages of children: None
Life insurance: bank BOI mortgage
What specific question do you have or what issues are of concern to you?
I want to refinance my Borrowings. I want to extend my mortgage (currently has 12 years left) back out to 20 years (where it started in 2009.) I currently pay 690 a month. I originally borrowed 110,000(75,000 remaining). I wish to borrow an additional 40,000 on switching my mortgage from BOI bringing my total mortgage to 115,000 over 20 years. The additional 40,000 will be paid down against the 64,000 other debt I have outstanding. Does anyone know a bank/ lender willing to do this.