just looking for some advice.Have a 250k mortage with ptsb at a 3.5% tracker.On interest only which was about 611 euros and have just paid my latest installment which was 603 euros . Cant understand why a .25% rate cut only brings a 250k mortage down 8 euros.
Thanks for your reply.Latest payment was made yesterday so got my partner to ring today and ask how much it was as we recieved no letter regarding the interest cut.They told her it was 603 euros and the december payment will be the same and as it is 8 euros cheaper than last month they have applied a reduction just not anywhere near the full reduction.