Mortgage: Reduction with kids

Brioscai

AIB reduce spending power by 250e per month/per child. Do EBS/KBC/Ulster/BOI? Thank you.

Pawwed Rig

They all take kids into account when calculating the mortgage (and rightly so).

Brioscai

Thanks Pawwed Rig. Do you know if it's the same amount with all the banks?

_Brian

Brioscai wrote: »

Thanks Pawwed Rig. Do you know if it's the same amount with all the banks?

Is it cheaper to have kids if you switch mortgage provider ??

Brioscai

Obviously not, Brian. Just another one on the way and trying to ascertain if we'll get a higher mortgage by going with a different provider before the baby comes.

mel123

I know someone (not me, i have no kids), who told the bank they had no kids when they did

Gumbo

Brioscai wrote: »

Thanks Pawwed Rig. Do you know if it's the same amount with all the banks?

Yes, pretty much the same!
We went through it with UB last year.

CIARAN_BOYLE

Brioscai wrote: »

AIB reduce spending power by 250e per month/per child. Do EBS/KBC/Ulster/BOI? Thank you.

I think €250 a month per child is quiet cheap. I'm sure other banks reduce it by more but I couldn't swear on it.

Brioscai

Thank you very much for your replies.