Subject to credit approval on the new mortgage. ††† To qualify, you must take out a new mortgage with Avant Money for at least the same amount, term and within 12 months of redeeming your original mortgage. Or they could continue with same monthly instalment, reducing the term of the loan by 27 months and saving €30,500. Customer takes a mortgage of €400,000 over 20 years, Interest rate is 3.95% and monthly repayment €2,487. Customer makes a €35,000 overpayment at the start of year four and could choose to reduce their monthly repayment to €2,178 and continue to repay over the original 20-year term, saving €13,100. Savings for example for repayment on One Mortgage. ††You can overpay 10% of the balance each year, a benefit which could save you thousands of euro in interest payments. *** Up to 30-year fixed term mortgage rates, home mover feature and 2% early redemption fee cap are unique in Ireland to Avant Money, source: other lender websites as of 1st September 2023 The lower the APRC, the lower your monthly repayments and cost over the full term of your mortgage. It considers all the costs involved over the term of the mortgage such as set-up charges and the interest rate. This rate allows you to easily compare mortgages from different lenders. APRC is the Annual Percentage Rate of Charge. ** Rate of 3.85% (3.87% APRC) applies to 3-year fixed rate with a loan to value (LTV) of 60% or less. * Avant Money winner of Bonkers.ie National Consumer Award 2023 for Best Switcher mortgage.
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