Which Mortgage rate to choose?

Our current mortgage rate of 4.850% (Fixed for two years) will expire soon and the Bank have offered us the following options.
TRACKER+1.35% >€500K & LTV>80% RATE 2.350%
Existing Variable LTV Rate PDH RATE 3.200%
2 Year Fixed (PDH) RATE 3.500%
3 Year Fixed RATE 3.950%
5 Year Fixed (PDH) RATE 4.750%

Which option should we choose? I'd appreciate any advice or opinions on the above.

Tracker all the way... Hang on to it for your life!

Tracker Tracker Tracker

Anything else you're betting that you know more than the bank does.

There's a reason why they're not offering them to new mortgage holders anymore.

Also check your original loan documentation to see whether or not they're adhering to the terms
therein. Many people on here have discovered that they automatically go to a tracker after a
few years fixed and that the tracker is at a pretty good rate so just make sure they're sticking
to what was offered to you in the first place.

Loads of threads on this brendan, try a search.

IT all depends on your personal circumstances but I would take the tracker as you may never get one again.

www.moneybackmortgages.ie

Hi brendanyumo, looks like you are getting the same offer as me, we're just coming off a 2yr fixed with BOI,
double check you're TRACKER+1.35% though, I checked our mortgage contract and it stated TRACKER+1.25%,
I rang BOI mortgages and it was an error alright and they are correcting it, we're going with the tracker for now
as it looks like the ECB rate wont be moving for a while yet...but like NorfBank said it all depends on your circumstances...

Thanks for the valuable feedback.I really appreciate the opinions.