Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Aib Mortgage Rates - Tips?

  • 22-02-2019 12:50pm
    #1
    Kurn
    Registered Users, Registered Users 2 Posts: 878 ✭✭✭


    Hi all,

    I'm trying to understand the mortgage rates and which one to select. I'm half way to 40, and about to buy a small apartment on a 80% LTV. Any pointers or tips appreciated. I'm considering the variable rate, any one any experience or wisdom? I'm going to place it over28 years - the max term i'm allowed for me, and also go for the 6 month moratorium to allow me to buy some furniture.

    The rates are as follows
    https://aib.ie/our-products/mortgages/mortgage-interest-rates
    Variable

    Current Rates
    Current APRC over 25 years Current Cost per €'000 over 25 years
    LTV Variable >80% 3.15% 3.21% €4.82
    LTV Variable >50%<=80% 2.95% 3.01% €4.71
    LTV Variable <=50% 2.75% 2.80% €4.61
    Standard Variable (Discontinued) 3.15% 3.21% €4.82
    Fixed Current New Rate Current APRC over 25 years Current Cost per €'000 over 25 years
    1 Year Fixed 3.20% 3.22% €4.84
    2 Year Fixed 3.20% 3.22% €4.84
    3 Year Fixed 3.20% 3.23% €4.84
    4 Year Fixed 3.30% 3.26% €4.90
    5 Year Fixed 3.30% 3.27% €4.90
    7 Year Fixed 3.50% 3.40% €5.00


Advertisement