New Mortgage rate ??

[Pablo74]

Hi all,
My girlfriend and her friend bought an apartment in Dublin 2 years ago and they went interest only for the first 2 years.
They got a letter during the week to say that their current rate would expire at the end of the month and would they choose one of the following rates for the future.

Description Rate Projected Repay
Tracker Variable ECB + 1.25% 5.250% 1373.00
Fixed till July 2009 6.250% 1634.00
Fixed till July 2010 6.350% 1660.00
Fixed till July 2011 6.310% 1650.00
Fixed till July 2013 6.050% 1582.00
Variable Rate 5.440% 1442.69

Would anyone have some advice to which one to choose with the current state of things ?
Thank you
Pablo

 

[ClubMan]

New Mortgage rate ??

Somebody with almost 90 posts really should be aware of the posting guidelines at this stage. Thread closed. Try again with a meaningful thread title.