Hi we are currently on a fixed with AIB of 3.1% which runs out in august 2012, the amount outstanding when we fixed was 183000 - I am worried about further interest rises and am toying with the idea of coming off that fixed rate now and on to a five year fixed of 5.2 which would increase repayments by 200 a month and would give us peace of mind. The repayments are currently 840 and would increase to 1040 approx which we can afford but would find anymore difficult at present. It hard to know where interest rates will end up by aug 2012. I havent approached the bank about this but looking at my contract breakage fees seem to be calculated when your moving to a lower rate so I am hoping there would be no fee involved as we are moving to a higher rate. Any opinions on this course of action?