Just received a letter from BOI about a change in my tracker mortgage interest rate.
Current mortgage repayment €865.83
Current lending rate 1.150%
New mortgage repayment €899.20
New Lending rate 1.100%
Could this be correct that my rate goes down but my repayment goes up or is it a mistake from BOI ??
Current mortgage repayment €865.83
Current lending rate 1.150%
New mortgage repayment €899.20
New Lending rate 1.100%
Could this be correct that my rate goes down but my repayment goes up or is it a mistake from BOI ??