Amount outstanding on your mortgage: 90K and 9 years, 900/month
Do you think all 3 will end up going to college in the same city (or area if Dublin) so a single property will benefit them all?Eldest kid attending college in 4 years time. ... If it doesn't work out that I'm in a position to purchase before eldest kid hits college I'd hope to purchase before the twins hit college (8 years time).
Think of the following scenario:should I put my cash elsewhere, clear mortgage/invest/home improvements?
But there are providers who’ll do equity release on the home at home mortgage rates, so I wouldn’t worry too much about that.
Yrs, Dilosk and Finance Ireland have both started.Are there? I thought that this was finished
Yes, the likes of ICS/Dilosk do it for example.Hi Gordon
Are there? I thought that this was finished.
Brendan
There aren't a huge amount of these yet so I'd imagine they're all on an individual case basis.Do they do it at home loan rates?
I would have assumed that they are effectively taking security on your home, but charging you a higher rate as it's for an investment property
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