Hi,
Looking for some help. My fixed rate is up for review and we have received a number of options from Ulster Bank.
There is €106,000 left on mortgage over 22 years.
We can fix for:
4 years @ 2.6% - monthly repayment of €527.07
5 years @ 2.8% - monthly repayment of €537.68
7 years @ 2.99% - monthly repayment of €547.89
What is the best option?
The rest of our mortgage is based on a tracker rate and I'm conscious this rate will increase over the next year or so.
Thanks