Comparing a 6.36% five-year fixed mortgage quote in Ireland

One caveat to the five-year comparison: refinancing is an option, not an assured exit. Even if another lender offers better rates then, the borrower and property would still need to satisfy whatever requirements apply at that time. Include the current lender’s post-fix route in the downside case.
 
I would ask for an example of portability using your likely situation rather than asking whether the mortgage is merely portable. Moving to a dearer Dublin property, downsizing, or having a gap between transactions may each be treated differently under the offer terms.
 
Also ask whether any additional borrowing during a port would be priced separately. That could leave part of the mortgage on the existing fixed terms and another part on different terms, so “keeping the rate” may not describe the whole replacement loan.
 
The thread seems to land on two comparisons, not one: the full lender disclosure represented by APR, and a personal five-year model using the actual loan, fees, payments and ending balance. Add affordability and realistic move/refinance scenarios, then have the lender clarify every portability or repayment condition in the Irish offer before deciding.
 
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