Hi Lyonsie, first have a look at how other people filled it in. Then go to the post Slim posted above, hit at bottom right "reply ", you'll see his entire post and you just fill it in. Just like I've hit 'reply' to have you post in this reply of mine. See how I just typed in HOUSE €20000Thanks very much but I don’t know how to use it. HOUSE €20000
Is there a way to click and answer each question and then post it here?
Not very IT savvy.
Here you go !
Annual gross income from employment or profession:
Annual gross income of spouse:
Monthly take-home pay
Type of employment: e.g. Civil Servant, self-employed
In general are you:
(a) spending more than you earn, or
Rough estimate of value of home
Amount outstanding on your mortgage:
What interest rate are you paying?
Other borrowings – car loans/personal loans etc
Do you pay off your full credit card balance each month?
If not, what is the balance on your credit card?
Savings and investments:
Do you have a pension scheme?
Do you own any investment or other property?
Ages of children:
What specific question do you have or what issues are of concern to you?
I don't think this is a good idea, your mortgage is already 42% of your net income which is very high, especially at your age. And do you really want to be paying a mortgage at 75?We need to pay off our Credit Cards and would like to consolidate our mortgages into one to have lower monthly repayments.
We received a letter with options from BOI and were thinking of €80,000 for 15 yrs.
Or would €90,00 for 15 yrs and using the extra 10k for clearing the Credit Cards?
At the minute I don't think this is realistic, certainly don't be taking on any more mortgage (or other) debt. If you focus on paying off your current mortgage as quickly as possible you'll be debt free in a few years with at least 1500 per month freed up, with which you can easily rent very nice holiday homes in France and Spain etc.Ideally we would also like to purchase a cottage in France as we have a mobilehome there for the last 15 yrs but will sell that which will realise €20,000. We will need approx €50k max for this and though mortgage rates in France are very low I don't know if we could qualify for one.
We have been paying almost €3,500 pa to campsite our mobilehome is on so won't have that expense going forward .