maigheo1990
New Member
- Messages
- 2
Hi
See details below.
Personal details
Your age: 35
Your spouse's age: N/A
Partner's age if not married: N/A
Number and age of children: N/A
Income and expenditure
Annual gross income from employment or profession: 80k approx
Annual gross income of spouse/partner: N/A
Monthly take-home pay: 4.5k approx
Type of employment - Employee
Employer type: Public Servant
In general are you:
(a) spending more than you earn, or
(b) saving?
Saving generally but before gift savings nil due to renovations of property. Monthly outgoings low generally
Summary of Assets and Liabilities
Family home value: 400k
Mortgage on family home: 235k
Net equity: 165k
Cash: 103k
Defined Contribution pension fund:
Total net assets: 268k
Family home mortgage information
Lender: BOI
Interest rate: 3.2%
Type of interest rate: tracker, variable, fixed. - fixed rate
If fixed, what is the term remaining of the fixed rate? - fixed term ends April 2026
If tracker, what is the margin e.g. ECB + 1%
Remaining term: (Original term is not relevant) - 27 years
Monthly repayment: 1.1k approx
Other borrowings – car loans/personal loans etc
No other borrowings
Pension information
Value of pension fund:
Pension fund from previous private job pot is approx 10k - managed by Mercer
Now on single public service pension for two years
Other information which might be relevant
Life insurance:
What specific question do you have or what issues are of concern to you?
I do plan to have a family in the medium term. I am not into expensive cars or clothes or luxury items or grand holidays. My property is an apartment in Dublin city centre. With a large family this property would no longer be viable. I have a few ideas re money but don't want to prejudice any advice. I have 15-20k earmarked for a second hand vehicle but need to put the rest of the gift to work.
Thanks! Let me know if anything else is needed
See details below.
Personal details
Your age: 35
Your spouse's age: N/A
Partner's age if not married: N/A
Number and age of children: N/A
Income and expenditure
Annual gross income from employment or profession: 80k approx
Annual gross income of spouse/partner: N/A
Monthly take-home pay: 4.5k approx
Type of employment - Employee
Employer type: Public Servant
In general are you:
(a) spending more than you earn, or
(b) saving?
Saving generally but before gift savings nil due to renovations of property. Monthly outgoings low generally
Summary of Assets and Liabilities
Family home value: 400k
Mortgage on family home: 235k
Net equity: 165k
Cash: 103k
Defined Contribution pension fund:
Total net assets: 268k
Family home mortgage information
Lender: BOI
Interest rate: 3.2%
Type of interest rate: tracker, variable, fixed. - fixed rate
If fixed, what is the term remaining of the fixed rate? - fixed term ends April 2026
If tracker, what is the margin e.g. ECB + 1%
Remaining term: (Original term is not relevant) - 27 years
Monthly repayment: 1.1k approx
Other borrowings – car loans/personal loans etc
No other borrowings
Pension information
Value of pension fund:
Pension fund from previous private job pot is approx 10k - managed by Mercer
Now on single public service pension for two years
Other information which might be relevant
Life insurance:
What specific question do you have or what issues are of concern to you?
I do plan to have a family in the medium term. I am not into expensive cars or clothes or luxury items or grand holidays. My property is an apartment in Dublin city centre. With a large family this property would no longer be viable. I have a few ideas re money but don't want to prejudice any advice. I have 15-20k earmarked for a second hand vehicle but need to put the rest of the gift to work.
Thanks! Let me know if anything else is needed