B
billy.k
Guest
hi all,
I'd love and extremely appreciate your expert advise on a choice I have to make.
I am a first time buyer with AIB. Next month expires my 1st year paying the mortgage and last year I opted for the 1 year fixed.
At the moment, the choice the bank gives me is:
- Stay with 3.250 % APR 3.2910 Variable (866 €)
or
- PDH LTV Var <= 50% (3.090 %, APR 3.128 % - 848 €)
- PDH LTV Var > 50% <= 80% (3.290 %, APR 3.3320 % - 871 €)
- PDH LTV Var > 80% (3.490 %, APR 3.536 % - 895.71 €)
- 1 Year Fixed (4.150 %, APR 3.356 %, 978 €)
- 3 Year Fixed (4.880 %, APR 3.632 %, 1073.51 €)
- 5 Year Fixed (5.350 %, APR 4.001 %, 1136.96 €)
- 10 Year Fixed (5.900 %, APR 4.917 %, 1213.15 €)
Property value is about 230k. Mortgage is for 35 years.
Unfortunately I am not really aware of all choices and my background in this is next to nothing. If you were in my shoes, what would you do?
Thanks a lot!
I'd love and extremely appreciate your expert advise on a choice I have to make.
I am a first time buyer with AIB. Next month expires my 1st year paying the mortgage and last year I opted for the 1 year fixed.
At the moment, the choice the bank gives me is:
- Stay with 3.250 % APR 3.2910 Variable (866 €)
or
- PDH LTV Var <= 50% (3.090 %, APR 3.128 % - 848 €)
- PDH LTV Var > 50% <= 80% (3.290 %, APR 3.3320 % - 871 €)
- PDH LTV Var > 80% (3.490 %, APR 3.536 % - 895.71 €)
- 1 Year Fixed (4.150 %, APR 3.356 %, 978 €)
- 3 Year Fixed (4.880 %, APR 3.632 %, 1073.51 €)
- 5 Year Fixed (5.350 %, APR 4.001 %, 1136.96 €)
- 10 Year Fixed (5.900 %, APR 4.917 %, 1213.15 €)
Property value is about 230k. Mortgage is for 35 years.
Unfortunately I am not really aware of all choices and my background in this is next to nothing. If you were in my shoes, what would you do?
Thanks a lot!