I have a tracker mortgage with PTSB. I have been making small overpayments each month, but i now want to increase that amount.
In the small print on the overpayment application form it states....
"Although the scheduled term on the mortgage will not be reduced, this credit will effectively reedeem your mortgage at an earlier date."
can someone clarify exactly what this means please?
In the small print on the overpayment application form it states....
"Although the scheduled term on the mortgage will not be reduced, this credit will effectively reedeem your mortgage at an earlier date."
can someone clarify exactly what this means please?