We have a small mortgage 27,000 over 7 years.
We got the mortgage from KBC 3 years ago and we are in our sixties. We had it fixed but are now on variable 3.24% paying 364 euro/month. We can get a fixed rate for 2 or 3 years and pay only 8euro/month more.
For security reasons we would like to fix but aren't sure if we should go for a 2 or 3 year fixed term as the rate is the same at 3.99%.
Any advice would be greatly appreciated.
We got the mortgage from KBC 3 years ago and we are in our sixties. We had it fixed but are now on variable 3.24% paying 364 euro/month. We can get a fixed rate for 2 or 3 years and pay only 8euro/month more.
For security reasons we would like to fix but aren't sure if we should go for a 2 or 3 year fixed term as the rate is the same at 3.99%.
Any advice would be greatly appreciated.