Brendan Burgess
Founder
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8% of AIB mortgage customers avail of mortgage payment holidays
- Thread starter Brendan Burgess
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Brendan Burgess
Founder
- Messages
- 52,027
Their explanation of it is pretty poor
The above moratoria represent a payment break on principal and interest. At the end of the payment break, impacted customers will have an option to extend the term of the loan with associated repayments or maintain existing/original repayment profile with increased repayments to reflect the accrued principal and interest.
The above moratoria represent a payment break on principal and interest. At the end of the payment break, impacted customers will have an option to extend the term of the loan with associated repayments or maintain existing/original repayment profile with increased repayments to reflect the accrued principal and interest.
