In 2006 I took out a mortgage in the amount of 270,000 Euros and purchased a home in Wicklow for 300,000 Euros. The home is now worth 150,000, roughly.
I have approximately 260,000 Euros left on the mortgage. I am on a variable rate.
How come you still have €260,000 left to pay on the mortgage after 9 years? Did you remortgage at some stage?
If you decide to put inheritence in bank, choose a bank different to your mortgage lender. That way, in theory, lender will not know your assets
I could see myself in the house short-term but not long-term.
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