Ok we have been fortunate enough to have bought in 2013. My fixed rate expires start of september with BOI onto a variable rate. I think our house has gone up in value by about 50 - 60 thosand based on other homes in the area for sale..
I am in two minds whether to switch to KBC or fix with BOI for three years at 3.6 percent..then switch as LTV will be allot more in 2018 with a 25 year mortgage left.. We arent on massive income but did save during the boom hence the mortgage and I do want to over pay the mortgage by saving lump sums or paying extra a month i think with BOI you can pay 65 a month on top of fixed repayments..I personally despise BOI and their arrogance and tried everywhere else for the mortgage in 2013 but blessed to have bought when we did..
i am skeptical of kbc and their lowish variable rate of 3.55 or 3.69 percent based on LTV also find it strange they are a cashless bank in general, who is to say in a years time they wouldnt bump up the variable rate to 4.5 percent.
I know we are in a win win situation with our home once we pay every month am I jumping to quick to switch should we wait another few years..
I am in two minds whether to switch to KBC or fix with BOI for three years at 3.6 percent..then switch as LTV will be allot more in 2018 with a 25 year mortgage left.. We arent on massive income but did save during the boom hence the mortgage and I do want to over pay the mortgage by saving lump sums or paying extra a month i think with BOI you can pay 65 a month on top of fixed repayments..I personally despise BOI and their arrogance and tried everywhere else for the mortgage in 2013 but blessed to have bought when we did..
i am skeptical of kbc and their lowish variable rate of 3.55 or 3.69 percent based on LTV also find it strange they are a cashless bank in general, who is to say in a years time they wouldnt bump up the variable rate to 4.5 percent.
I know we are in a win win situation with our home once we pay every month am I jumping to quick to switch should we wait another few years..