Hi,
I'm with AIB and have will have 6.5 years and 70K left on my original 20 year 200K mortgage in March, monthly repayments are 1150.
Between savings and an inheritance I will have enough to pay off mortgage , saving myself approx 8K in interest at the current rate of 3.15% over the remaining term of the mortgage.
Is it worth my while to switch to say KBC, who offer a flat 3K as cashback for switching ?
AIB and KBC have the same rate, 3.15% so there is no difference monthly payments
I assume if I switch to KBC standard variable there is no lock in or minimum term I must spend with KBC before I redeem the mortgage.
N
I'm with AIB and have will have 6.5 years and 70K left on my original 20 year 200K mortgage in March, monthly repayments are 1150.
Between savings and an inheritance I will have enough to pay off mortgage , saving myself approx 8K in interest at the current rate of 3.15% over the remaining term of the mortgage.
Is it worth my while to switch to say KBC, who offer a flat 3K as cashback for switching ?
AIB and KBC have the same rate, 3.15% so there is no difference monthly payments
I assume if I switch to KBC standard variable there is no lock in or minimum term I must spend with KBC before I redeem the mortgage.
N