https://www.boards.ie/ Sat, 04 Apr 2026 23:05:13 +0000 en repayments — boards.ie - Now Ye're Talkin' https://www.boards.ie/discussion/2058107889/morgage-calculator Wed, 26 Aug 2020 14:24:27 +0000 Banking & Insurance & Pensions seandurcan1966 2058107889@/discussions
I'm trying to budget my life and wish to be able to take into account a mortgage over it's lifetime.

Has anyone a good knowledge of the whole mortgage payment system so I can set it up a monthly budget knowing the mortgage payment in advance? I can use excel or online calculators to calculate initial monthly payments so reference to those ideas are not what I'm after.

Thanking you all in advance]]> https://www.boards.ie/discussion/2057382568/need-advice-social-debt-repayment Tue, 17 Feb 2015 18:49:22 +0000 State Benefits FeenuX 2057382568@/discussions
Long time on/off reader, first time poster. I'm hoping this is in the right area as I did a bit of searching for related issues. I'm looking for advice on the situation I've found myself in.

I returned from Australia in Sept 2013 with my partner as we found out we were expecting our first child and wanted our family support structure (I'm an Australian / Irish citizen, Partner is Irish). When we came back we signed on to Social Welfare as a couple and received payments as expected.

On the 17th of December, I was employed as an IT technician near Bray, Dublin (Living in Newbridge). As a result I had to take a credit union lone to purchase a car, insurance, tax etc to make it up and back to work. The contract paid monthly and the payday is the last Friday of every month. We welcomed our daughter on the 24th of December happy and healthy. I took some time off work (agreed before starting) to spend with my partner and newborn.

I was paid for 7 days work in total and had to make it up and back to work for 5 full weeks on 7 days of pay, including paying rent, food, nappies and formula for the little one. I claimed up until around payday (I'm not exactly sure the day I signed off) petrol alone a week was costing me 120 eu. I explained all of this to the social welfare officer and was basically told tough sh*t I have to pay it back now.

I've managed to get myself into 7 grand of debt from begging, borrowing and stealing from anyone that would help me and my new family out of the hole we managed to dig by coming back to Ireland! I told Social Welfare the truth and now I'm being stung for it. What I can't fathom is that I genuinely did this for the greater cause - because I borrowed for that extra month I was able to sign off and, in the long run help the economy by paying my taxes, USC etc.

I received a letter today stating I owe 875 eu and to pay it back by 50 a week. With all my current overheads and repayments this just is not feasible for me. Do I have any recourse, is this up to the discretion of the social welfare? If I didn't continue claiming to pay for food for my child & petrol, chances are very high I would have been on social welfare for many more months!

Can anyone provide any advice on how I should proceed? With projections I won't be debt free until 2017.

Sorry for the long winded thread I tried to give as much details as possible!]]> https://www.boards.ie/discussion/2056882730/mortgage-repayments-query Sat, 16 Feb 2013 22:34:21 +0000 Accommodation & Property emclau 2056882730@/discussions
If a person was to take out a 250k loan, repayments at current rates would range from 1100 to 1500 based on term of loan from 20-35yrs. (Aware interest rates will probably rise in long term/circumstances will change).

How flexible are banks with mortgage repayments? If I wanted to repay more on my mortgage each month, or make a lump sum payment against my mortgage, do the banks generally allow this?

Similarly, if I wanted to go for a 20yr loan, and decided to change to a 35yr loan to lower repayments a few years down the line, are the banks generally receptive to this change?

Thanks]]>