Tax relief for FTB

dodo

Registered User
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If a FTB has a mortgage of say 1K a month to pay to lender do they get 166 Euros a month put back into their account.So they pay 834 Euros .Is this correct
 
It depends on how much interest is paid.

You can use Karl Jeacles calculator to see how much interest is paid on a month by month basis.

You get 20% of that back up to 166 euro a month for a single FTB for the first seven years.
 
mortgage 1090 Euro Interest 840 Euro a month
It depends on how much interest is paid.

You can use Karl Jeacles calculator to see how much interest is paid on a month by month basis.

You get 20% of that back up to 166 euro a month for a single FTB for the first seven years.
 
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