My existing mortgage (280k) is at 4.95%
I notice the National Irish Bank is offering 4.6%+will pay switching costs.
The net difference I think is €1013 per annum.
Is is reasonable to change mortgages for this differential??
We are potentially facing a negative change in circumstances (30% chance it will happen) and trying to tighten our belts....but also feel that a solid relationship with our exisiting provider might be a good thing (ie worth more than €1013 pa???)
I notice the National Irish Bank is offering 4.6%+will pay switching costs.
The net difference I think is €1013 per annum.
Is is reasonable to change mortgages for this differential??
We are potentially facing a negative change in circumstances (30% chance it will happen) and trying to tighten our belts....but also feel that a solid relationship with our exisiting provider might be a good thing (ie worth more than €1013 pa???)