Oireachtas Joint and Select Committees

Thursday, 5 September 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Financial Sector: Discussion with Permanent TSB

10:20 am

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

Two thirds. It is the same as the other banks.

The term "bullet payment" or "balloon payment" was used. At retirement age on the split mortgage, is that the deadline or the horizon the bank is putting on the bullet payment or is it sooner than retirement?

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