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JJAA
Guest
Age: 32
Spouse’s/Partner's age: 30
Annual gross income from employment or profession: €35k
Annual gross income of spouse: self-employed - no earnings so far this year
Type of employment: private sector
In general are you:
(a) spending more than you earn, or
Rough estimate of value of home €230,000
Amount outstanding on your mortgage: €240,000
What interest rate are you paying? 2.88%
€915pm
Car Loan - €383 pm balance €13,300
Credit Union - €147pm balance €10,000
EBS - €125 pm balance €6000
Do you pay off your full credit card balance each month? No
If not, what is the balance on your credit card? 2 cards balance €13,000. only paying the minimum payment €245 pm
Savings and investments: none
Do you have a pension scheme? yes
Do you own any investment or other property? no
Ages of children: 8 & 6
Life insurance: yes
Hopefully someone has some advice on what i can do. My household salary was €80k last year and now it has more than halved. Partner is not entitled to any benefits as is self-employed and i can't see a solution to this mess.
Was thinking of going to the bank to consolidate everything over 5 years but doubt they'll take the risk. Have kept all my payments up to date so should have a good credit history. Is there anything else i can do?
Spouse’s/Partner's age: 30
Annual gross income from employment or profession: €35k
Annual gross income of spouse: self-employed - no earnings so far this year
Type of employment: private sector
In general are you:
(a) spending more than you earn, or
Rough estimate of value of home €230,000
Amount outstanding on your mortgage: €240,000
What interest rate are you paying? 2.88%
€915pm
Car Loan - €383 pm balance €13,300
Credit Union - €147pm balance €10,000
EBS - €125 pm balance €6000
Do you pay off your full credit card balance each month? No
If not, what is the balance on your credit card? 2 cards balance €13,000. only paying the minimum payment €245 pm
Savings and investments: none
Do you have a pension scheme? yes
Do you own any investment or other property? no
Ages of children: 8 & 6
Life insurance: yes
Hopefully someone has some advice on what i can do. My household salary was €80k last year and now it has more than halved. Partner is not entitled to any benefits as is self-employed and i can't see a solution to this mess.
Was thinking of going to the bank to consolidate everything over 5 years but doubt they'll take the risk. Have kept all my payments up to date so should have a good credit history. Is there anything else i can do?