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Tracker mortgage

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  • 23-01-2018 9:35pm
    #1
    RodneyMartin
    Registered Users Posts: 1 ✭


    Looking for advice.
    I’ve an interest only tracker mortgage on my home ! I’m now in a position to pay the capital and interest payments . I’ve also inherited money ! Not a huge amount but three quarters of the amount owed on my mortgage. Do the banks do deals on loss making mortgages? Should I invest the money elsewhere ?


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    #2
    [Deleted User]
    Posts: 17,728 ✭✭✭✭ [Deleted User]


    RodneyMartin wrote: »
    Looking for advice.
    I’ve an interest only tracker mortgage on my home ! I’m now in a position to pay the capital and interest payments . I’ve also inherited money ! Not a huge amount but three quarters of the amount owed on my mortgage. Do the banks do deals on loss making mortgages? .........

    You want to do a deal on a loss making mortgage even though you can clear 3/4s of your debt and you have a tracker?

    In all fairness.


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