connor141013
Registered User
- Messages
- 6
myself and my partner are 2 years into our 29 year 196k mortgage from ebs we are currently paying 864 euro per month.for our 3rd year starting in march 2020 we have the option to stay on our fixed for 1-5 years at 2.90% or variable at 3.50%
my question is if we pay 20-25k in a lumpsum off our mortgage on fixed or variable is there a penalty for this or will we have to pay the interest anyway on the lumsum.or will we just stick with the fixed term and just carry on paying our 864 per month?
any advice is greatly welcomed thanks all.
my question is if we pay 20-25k in a lumpsum off our mortgage on fixed or variable is there a penalty for this or will we have to pay the interest anyway on the lumsum.or will we just stick with the fixed term and just carry on paying our 864 per month?
any advice is greatly welcomed thanks all.