We have listed below what the repayments would be on a loan of £240,000, assuming a term of 25 years and with an interest rate of 2%.
If you would like to see how the repayments vary based on the interest rate and the term of the mortgage loan, then please use our Mortgage Payments Calculator and amend the figures as you wish.
|Your monthly interest payment (repayment mortgage):||£1,017.25|
|Total amount you will repay:||£305,175.12|
|Your total interest paid:||£65,175.12|
£100,000 Mortgage Costs
£150,000 Mortgage Costs
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£500,000 Mortgage Costs