What Is The Average Monthly Mortgage Payment?

[nacho_libre]

€407 per month after TRS. Currently on fixed rate of 5.24%. Will be off this in January next year and moving to ECB +1.25%. No idea what the payment will be at that stage, considerably less I imagine though.

I thought the banks have withdrawn tracker mortgages. What bank/building society will be offering ECB +1.25% tracker in January?

 

[PyritePete]

I have an LTV tracker rate mortgage with NIB.

They offered the lowest tracker margin at ECB + 0.5%, so I moved bank to get their mortgage.

They also offer fortnightly repayments.

Thanks

 

[noc1]

We pay 23% of net income. Has been as high as 33%, and as low as 17% in the past. Comfortable at 23%.

 

[RMCF]

Mine is €540 with no TRS any more.

Currently on tracker of ECB +0.95%.

 

[MandaC]

How much is your mortgage!

I'm NIB with the tracker +0.5%.

Currently paying 624 per month with another 24 or so off for trs, so net about 600 and no negative equity either!

Am thinking of upping the mortgage to 1,000 per month and getting rid of it quicker.