I am wondering if someone can help clarify what our TRS should be as I am getting so confused it's not funny anymore!
Amount borrowed:€404,800 on a 3 year fixed rate in August 2006, mortgage cheque being drawn down in the next few days so we have not started paying our mortgage yet. We paid deposit last April & signed contracts in August and the house will be ready for occupation in the next few weeks, it's way behind schedule but anyway!...that's for another day.
We are married and FTB's so I see that the rate is €8,000 for a married couple and we are both on the higher rate of tax (41%) so what is our monthly TRS going to be.
Thanks in advance!!
Amount borrowed:€404,800 on a 3 year fixed rate in August 2006, mortgage cheque being drawn down in the next few days so we have not started paying our mortgage yet. We paid deposit last April & signed contracts in August and the house will be ready for occupation in the next few weeks, it's way behind schedule but anyway!...that's for another day.
We are married and FTB's so I see that the rate is €8,000 for a married couple and we are both on the higher rate of tax (41%) so what is our monthly TRS going to be.
Thanks in advance!!