But do you really save by switching? YES!
Example:
Current value of property: €180,000. Existing Mortgage of €100,000 with 15 year term remaining, on an interest rate of 3.5% APR. Monthly repayment is €714.88
Switch to SDCU– €100,000 over 15 years on an interest rate of 2.6% APR. New monthly repayment is €671.50
That’s a saving of €520.56 per year. Over the remaining 15 years that’s a saving of €7808.40
Is that worth switching?
All you need to know is here: Guide to Switching your Mortgage
Call us on 051 873867 and speak with our Mortgage Advisors or email loans@stdominicscu.ie