Hi
I have question regarding payment of mortgage.
I have my home in Dublin - interest only mortgage with BOS - 550,000 @ 4.9 % - approx 2200 per month value 1000000 euro
Also investment property in belfast - mortgage 120,000 stg rent 550 stg per month - Repayment mortgage 800 per month - Int rate -5.6% -2 yr fixed. value 200,000 stg
I have 20,000 euros, which one should i pay the 20,000 towards. I can afford the shortfall on the investment and currently ok on interest only on home.
What is best tax wise etc....
I have question regarding payment of mortgage.
I have my home in Dublin - interest only mortgage with BOS - 550,000 @ 4.9 % - approx 2200 per month value 1000000 euro
Also investment property in belfast - mortgage 120,000 stg rent 550 stg per month - Repayment mortgage 800 per month - Int rate -5.6% -2 yr fixed. value 200,000 stg
I have 20,000 euros, which one should i pay the 20,000 towards. I can afford the shortfall on the investment and currently ok on interest only on home.
What is best tax wise etc....