Info from UB Manage My Mortage page:
Outstanding mortgage balance €51,604.52
HPI valuation €278,506 (as listed on UB Manage my Mortgage page)
LTV 19%
Remaining term 8yrs 4mths
Monthly payments €543.16
Interest rate/type 1.45% tracker
I have €17k that I can pay off in a lump sum, and I can afford to overpay to bring my monthly payments up to €800
(I understand my payments could go over this if the interest rate shoots up).
I'm a bit lost in terms of my options. I've been reading lots of posts here, and looking at switch comparisons and mortgage calculators, but have come away quite confused.
Should I be eligible to fix with UB at their current fix rates, and might that be wise to do?
If not, should I be looking at switching, or might it be ok to stick with the tracker when it moves to AIB?
I would greatly appreciate any advice you can offer.
Thank you
P
Outstanding mortgage balance €51,604.52
HPI valuation €278,506 (as listed on UB Manage my Mortgage page)
LTV 19%
Remaining term 8yrs 4mths
Monthly payments €543.16
Interest rate/type 1.45% tracker
I have €17k that I can pay off in a lump sum, and I can afford to overpay to bring my monthly payments up to €800
(I understand my payments could go over this if the interest rate shoots up).
I'm a bit lost in terms of my options. I've been reading lots of posts here, and looking at switch comparisons and mortgage calculators, but have come away quite confused.
Should I be eligible to fix with UB at their current fix rates, and might that be wise to do?
If not, should I be looking at switching, or might it be ok to stick with the tracker when it moves to AIB?
I would greatly appreciate any advice you can offer.
Thank you
P