S
sarahhurray
Guest
I would like some advice on what to do next. I not sure how to approach our shortage of cash. My partner and I have a take home pay of just under €3500. We find it hard to manage. We both expect our income to increase substantially in the future due to training etc. so I want to balance paying debts with having a quality of life.
We bought an apartment last May for €185,000. We got a mortgage of €172,000 and a loan from my partner's parents for the deposit. Our repayments are about €700 a month. We have loans totalling about €12000. Which break down as
€5000 credit cards about €300 a month repayment
€1800 computer (scary interest rate) €70 a month (3yrs)
€3000 college fees loan €115 a month over 3 years
€2000 legal fees with credit union €65 over 2/3 years
I spoke to IIB about refinancing and they said €12000 over 3 yrs would be €350 or over 5yrs €218 with legal fees of €750 and a valuation of €127. The problem here is we were hoping to refinance at some stage to pay back the €13000 we owe my partners parents.
I guess the new kitchen will have to wait. We also have €1000 service fee due since last June and obviously due again in a few months.Plus my partner needs an implant and €1000. Aghhh!!!!!!I guess the new kitchen will have to wait. We're also engaged to be married.
any ideas?
We bought an apartment last May for €185,000. We got a mortgage of €172,000 and a loan from my partner's parents for the deposit. Our repayments are about €700 a month. We have loans totalling about €12000. Which break down as
€5000 credit cards about €300 a month repayment
€1800 computer (scary interest rate) €70 a month (3yrs)
€3000 college fees loan €115 a month over 3 years
€2000 legal fees with credit union €65 over 2/3 years
I spoke to IIB about refinancing and they said €12000 over 3 yrs would be €350 or over 5yrs €218 with legal fees of €750 and a valuation of €127. The problem here is we were hoping to refinance at some stage to pay back the €13000 we owe my partners parents.
I guess the new kitchen will have to wait. We also have €1000 service fee due since last June and obviously due again in a few months.Plus my partner needs an implant and €1000. Aghhh!!!!!!I guess the new kitchen will have to wait. We're also engaged to be married.
any ideas?