Lender: Ulster Bank Rough value of property: €410k Total amount borrowed: €275,000 Amount of mortgage balance outstanding: €246,500 Date you fixed: September 2016 Period for which you fixed: Until December 2019 Fixed rate: 2.99% Term left: 22 Months at 2.99% I recently contacted Ulster Bank for a breakage fee to move to the 4 year 2.6% rate. The fee quoted to me for breakage was 6 months interest at Euro 3216.14. I was thinking based on what I have read that this seems very high. Could anyone verify my concerns. Thanks in advance.