Hi,
Looking for some advice. My situation is that I have a €400k mortgage with EBS. The repayments are €1800 per month of which I pay €1000 and my wife pays the balance. I have other outgoings of about €1000 per month. My monthly take home is €2200. As you can see things are very tight.
My problem is that I have missed my last 3 repayments (ie €5400). I know I can meet my future monthly repayments, however I don't know what to do about the arrears. At what stage is my home at risk? Will the EBS insist that I clear my arrears in a lump sum, or will they accept it gradually?
Grateful for any advice.
Looking for some advice. My situation is that I have a €400k mortgage with EBS. The repayments are €1800 per month of which I pay €1000 and my wife pays the balance. I have other outgoings of about €1000 per month. My monthly take home is €2200. As you can see things are very tight.
My problem is that I have missed my last 3 repayments (ie €5400). I know I can meet my future monthly repayments, however I don't know what to do about the arrears. At what stage is my home at risk? Will the EBS insist that I clear my arrears in a lump sum, or will they accept it gradually?
Grateful for any advice.