Borrowers who take a mortgage payment break are being warned they could end up having to pay back thousands of euro extra in interest.
Bonkers.ie says taking the six-month break being offered by banks could cost some customers more than €4,000.
Covid-19 has resulted in hundreds of thousands of mortgage holders being either laid off work or having their pay cut.
Darragh Cassidy, from the price-comparison website, says people need to be aware of costs linked to the payment break;
"If you were to look at maybe somebody who had a hundred thousand euro remaining on their mortgage and a term of ten years, the extra amount repayable would be just under one thousand euro, spread over the remainder of the year.
But if you were let's say maybe at the start of your mortgage, so you had 30 years remaining on your mortgage and maybe a €200,000 balance you're looking at an extra amount payable of close to €3,000."
