There is Value in Switching your Mortgage
If you are thinking about switching your mortgage it is important to first fully understand your current mortgage as this will help you decide if it makes sense to switch mortgage types or providers. Complete the questionnaire on the right and one of our advisors will get in touch with you.
We can help you every step of the way.
We get to know you and your financial situation
We review your current mortgage
We research the market to get the best value for you
We regularly review your mortgage to ensure you are always getting the best value
See below example of how switching can save you money. Source: Competition and Consumer Protection Commission.
If you have 20 years left on your mortgage with €200,000 outstanding at an interest rate of 3.5% your monthly repayments would be approx. €1,160 per month and the total cost of credit would be slightly more than €78,000.
If you were to switch to a mortgage with a rate of 3% with the same term and amount, the monthly repayments would drop to €1,110 and the total cost of credit would be just over €66,000.
This change in rate would result in a savings of approx. €12,000 over the 20 year term.