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Mortgage Repayment Frequency

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  • 07-02-2014 3:55pm
    #1
    bford
    Registered Users Posts: 1 ✭


    Hello, Is it possible to change the repayment frequency of my mortgage? I currently pay a monthly direct debit and I would like to change this to weekly if possible. Will this reduce the overall cost of the mortgage over it's lifetime?


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    #2
    Bank of Ireland: Elaine
    Closed Accounts Posts: 1,367 ✭✭✭Bank of Ireland: Elaine


    Hi bford,

    Thank you for getting in contact and welcome to boards.ie.

    This will depend on the type of Mortgage you hold. To query if this is possible please contact our dedicated Mortgage team on 01 611 3333 and a representative will be happy to look into this for you.

    Thanks again,
    Elaine


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