Repaying mortgage on selling house

A

abulense

Guest
This seems like a very obvious question but what happens to my mortgage if I sell my house? Do I simply repay the remainder owed (€143k) or does it cost me more? In other words am I penalised when I settle the loan?
 
There may be a breakage cost involved but Only if you are on a fixed rate...
 
We have a variable rate mortgage with ptsb.
Any ideas of if would would be penalised?
 
If you are not on a fixed rate mortgage, then there is no penalty. You could always ask ptsb for redemption figures now - they can tell you now what it would cost you to repay the mortgage. Its worth asking them if you have a concern

mf
 
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