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Personal Loan after Mortgage Drawdown

highly1111 · 2016-03-21 18:53:48

Hi Myself and my husband have been mortgage approved. Both on very good earnings and repayment is 24% of net earnings. We'd like to get a personal loan (either separate or joint) of about €60000 to fund a mobile home and a new car. We know we can easily afford the repayments so we're not worried about that - however, I was…

21-03-2016 6:53pm

#1

highly1111

Registered Users, Registered Users 2 Posts: 967 ✭✭✭

Join Date: April 2011

Posts: 875

Hi

Myself and my husband have been mortgage approved. Both on very good earnings and repayment is 24% of net earnings. We'd like to get a personal loan (either separate or joint) of about €60000 to fund a mobile home and a new car.

We know we can easily afford the repayments so we're not worried about that - however, I was just wondering how long we have to wait before we can apply for a personal loan after drawing down a mortgage??? Or maybe it doesn't matter at all.

If it helps, the mortgage repayment amount is less than our current rent - we won't be stretching ourselves at all and have shown proven capacity to repay the full mortgage amount plus the new loan repayment.

Thanks

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