Buying costs
What would the mortgage cost a month?
A quick repayment calculator, with what a 1% rate rise would mean. An illustration, not advice.
Deposit 10% · borrowing £270,000 (90% loan to value). Lenders usually want at least a 5% deposit, and the best rates start at around 25% or more.
Monthly repayment
£1,501
- If rates were 1% higher
- £1,658 a month
- Interest only (you still owe £270,000 at the end)
- £1,013 a month
- Total repaid over 25 years
- £450,224
An illustration only, not mortgage advice or an offer of credit. Your actual rate, fees and what a lender will let you borrow depend on your circumstances.