V veroreds Registered User Messages 2 14 Feb 2019 #1 what would be the breakage fee approximately from a fixed term mortgage (15 year term). Mortgage balance approximately €65,000.
what would be the breakage fee approximately from a fixed term mortgage (15 year term). Mortgage balance approximately €65,000.
R RedOnion Frequent Poster Messages 7,273 14 Feb 2019 #2 Call them an ask. It'll take them 5 minutes. You haven't provided enough info to estimate
V veroreds Registered User Messages 2 14 Feb 2019 #3 I visited my local hub and was told just over €100. Yesterday I got a letter stating it would be €2100 approximately. Furious and very confused.
I visited my local hub and was told just over €100. Yesterday I got a letter stating it would be €2100 approximately. Furious and very confused.
R RedOnion Frequent Poster Messages 7,273 14 Feb 2019 #4 veroreds said: I visited my local hub and was told just over €100. Yesterday I got a letter stating it would be €2100 approximately. Furious and very confused. Click to expand... The amount can change daily depending on market interest rates. The letter should explain how they calculated it. The following thread explains how it works https://www.askaboutmoney.com/threads/understanding-fixed-rates-breakage-costs.204427/ If you tell me when you originally fixed (exact date) and for how long the fixed rate was (years) I can estimate it
veroreds said: I visited my local hub and was told just over €100. Yesterday I got a letter stating it would be €2100 approximately. Furious and very confused. Click to expand... The amount can change daily depending on market interest rates. The letter should explain how they calculated it. The following thread explains how it works https://www.askaboutmoney.com/threads/understanding-fixed-rates-breakage-costs.204427/ If you tell me when you originally fixed (exact date) and for how long the fixed rate was (years) I can estimate it