MissPiggy19
Registered User
- Messages
- 11
Hi all
I am currently getting mortgage quotes for approx. €250k mortgage (purchase value €400k). Just looking for some advice on whether to go with a fixed rate or variable rate? I would hope to pay of the mortgage early but would initially go with a 15 or 20 year term. I have one quote so for from aib and they are quoting 2.95% variable.
Fixed rates seem to be a lot less from what I can see but just wondering if there is a catch with this.
I am a first time buyer
Thanks in advance
I am currently getting mortgage quotes for approx. €250k mortgage (purchase value €400k). Just looking for some advice on whether to go with a fixed rate or variable rate? I would hope to pay of the mortgage early but would initially go with a 15 or 20 year term. I have one quote so for from aib and they are quoting 2.95% variable.
Fixed rates seem to be a lot less from what I can see but just wondering if there is a catch with this.
I am a first time buyer
Thanks in advance