mickoneill30
Registered User
- Messages
- 48
With the recent announcement by KBC that customers can move their rate from variable 4.5% to fixed 3.9% I started looking around. If I fix with KBC obviously I can't move again for another couple of years.
I rang BOI and they offered me a fixed rate of 3.6% and 2% of the mortgage value back in cash (which covers the fees of switching and gives me a reasonable bit of cash).
So is it a no brainer or am I missing something?
It seems the BOI deal will save me €1500 over 2 years in interest and give me €3000 in cash (after solicitors fees).
I have no allegiance to any banks. If after a few years KBC offer a decent deal that saves me money I'll switch back.
I rang BOI and they offered me a fixed rate of 3.6% and 2% of the mortgage value back in cash (which covers the fees of switching and gives me a reasonable bit of cash).
So is it a no brainer or am I missing something?
It seems the BOI deal will save me €1500 over 2 years in interest and give me €3000 in cash (after solicitors fees).
I have no allegiance to any banks. If after a few years KBC offer a decent deal that saves me money I'll switch back.