Fixed Rate Mortgage - Overview
Looking for certainty in a fixed monthly mortgage repayment?
- With a fixed rate mortgage from Ulster Bank, your interest rate is fixed for an agreed period. Don't like surprises? This mortgage lets you know exactly where you stand each month.
- After the fixed period, the rate reverts to the Standard Variable Rate, unless an alternative rate is chosen.
If you choose a variable interest rate loan:
VARIABLE RATE LOANS: THE PAYMENT RATES ON THIS HOUSING LOAN MAY BE ADJUSTED BY THE LENDER FROM TIME TO TIME.
WARNING: YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP PAYMENTS ON A MORTGAGE OR ANY OTHER LOAN SECURED ON IT.
WARNING: YOU MAY HAVE TO PAY CHARGES IF YOU PAY OFF A FIXED-RATE LOAN EARLY.
WARNING: IF YOU DO NOT MEET THE REPAYMENTS ON YOUR LOAN, YOUR ACCOUNT WILL GO INTO ARREARS. THIS MAY AFFECT YOUR CREDIT RATING, WHICH MAY LIMIT YOUR ABILITY TO ACCESS CREDIT IN THE FUTURE.
