C
crodaungirl
Guest
Currently I am hoping to borrow around €10,000 for some home improvements. I've done a little research and the best pay back interest rate has been 8.9% with halifax. However as a fixed rate loan it doesn't offer any flexibility of repaying. There is a redemption or breakage fee if i try to pay it back early. I can get a tracker rate with TSB for 10.1%. The advantage is I can pay back early or increase payments some months as I have it so long as I don't fall below my minimum. This is more appealing to me as I'd like to pay it back faster but don't want the obligation of too high payments.
Do I have any other options? Would enquire into adding it onto my tracker mortgage?
Thanks in advance.
Do I have any other options? Would enquire into adding it onto my tracker mortgage?
Thanks in advance.