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Mortgage repayment

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  • 31-08-2010 1:27pm
    #1
    Closed Accounts Posts: 16


    I have a tracker mortgage which currently has €90,000 to be repaid and another 22 years to run. If I pay off the mortgage now would I save much?


Comments

  • Registered Users Posts: 10,339 ✭✭✭✭LoLth


    moving to the Biz>banking insurance and pensions forum.


  • Registered Users Posts: 4,152 ✭✭✭rameire


    yes you would.
    you would save all the interest that you would have paid.

    dig out your loan offer from when you got the mortgage.
    in the loan offer their should be a key facts illustration
    this will have a breakdown of the interest and amounts payable for the years of the mortgage.

    🌞 3.8kwp, 🌞 Split 2.28S, 1.52E. 🌞 Clonee, Dub.🌞



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