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Mortgage break

  • 06-04-2020 5:29pm
    #1
    popsy09
    Registered Users, Registered Users 2 Posts: 660 ✭✭✭


    Sorry if it has been covered already but I can't find the answer for definite

    Thinking about doing a mortgage break i have never done it before 

    Can you go through the process ? 

    Say if my repayments are 1000 a month and i have 20 years left 

    I will owe 3000 after 3 months so that will be divided into the remaining 240 payments ?? 

    How does the interest work ? Will it effect my credit history if I take a break 

    Thanks 


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