If you have the ability, you can pay off more on your mortgage one time or regularly.
This will reduce the overpayment of interest on the loan, as well as the loan term.
But in such a case additional banking fees may apply.
At the same time, you can overpay up to 10% of your regular monthly repayment or up to 65 GBP whichever is greater, without incurring the commission.
Read also:
- Bank of Ireland early repayment charge
- Bank of Ireland lending criteria
- Bank of Ireland mortgage application process
- Financial calculators from Bank of Ireland
- How can I log in to the Bank of Ireland mortgage program?
- How do I get my mortgage statement from Bank of Ireland?
- How do I make Bank of Ireland mortgage payments online?
- How do I use my mortgage holiday in Bank of Ireland?
