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Mortgage lump sum repayment

  • 28-01-2015 8:36pm
    #1
    noddyk
    Registered Users, Registered Users 2 Posts: 57 ✭✭


    Hi,

    I have a 3 year fixed term 30 year mortgage with BOI, of 179k.

    I have one year done

    I wish to pay off a lumpsum of 10k .


    can I do it now, or would I be best do it after the 3 years are up?

    Is there much of a penalty if I pay it off now.

    Nod


Comments

  • #2
    Bank of Ireland: Billy
    Closed Accounts Posts: 1,066 ✭✭✭Bank of Ireland: Billy


    Hi noddyk,

    Thanks for contacting us on Boards.

    We have information on mortgage overpayments, lump sum payments and an online mortgage overpayment calculator that can help with your query here

    There is also details on arranging a call-back form one of our Mortgage Advisors.

    I hope this helps and please let us know if there's anything else we can help you with.

    Billy


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