Here’s how to use the mortgage repayments calculator: A £100,000 mortgage over 25 years charged at a 2% interest rate would cost 100 x £4.24 (for Repayment) = £424 per month.
Monthly payments for a mortgage per £1,000 borrowed over 25 years.
Interest rate Interest-only* Repayment
% £ £
0.25 0.21 3.44
0.50 0.42 3.55
1.00 0.83 3.77
1.50 1.25 4.00
2.00 1.67 4.24
2,50 2.08 4.49
3.00 2.50 4.74
3.50 2.92 5.01
4.00 3.33 5.28
4.50 3.75 5.56
5.00 4.17 5.85
5.50 4.58 6.14
6.00 5.00 6.44
6.50 5.42 6.75
7.00 5.83 7.07
*Excludes any payments to a separate savings scheme, to help pay off the capital amount borrowed.
This calculator only provides a guide to monthly payments and does not guarantee eligibility for a mortgage. The actual that you may have to pay may be more or less than the figures shown. Please contact us for a personalised illustration.