Sonic hedgehog
Registered User
- Messages
- 12
We are currently with boi 3% fixed mortgage (for five years)
To break to a variable rate of 3.5% today costs 100 euro.
We want to switch to the avant 1.95% rate.
I note it takes a couple of months.
Should we break out of the variable rate now (while penalty is low) or hold off until we switch (we'd save a few quid depending on how long it takes) and only switch at the last minute.
We fixed in January 2021.
To break to a variable rate of 3.5% today costs 100 euro.
We want to switch to the avant 1.95% rate.
I note it takes a couple of months.
Should we break out of the variable rate now (while penalty is low) or hold off until we switch (we'd save a few quid depending on how long it takes) and only switch at the last minute.
We fixed in January 2021.