Mortgage Repayments

[Icemaiden23]

Looking for an estimate, at the current interest rates (tracker), of how much a �175000 repayment mortgage over 20 years would cost? This is the mortgage amount after deposit. Just curious!! Sorry for being lazy but I'm sure this is the cleverest way to find out.

[bednobs]

what is the tracker at above the base rate? Interestingly, i am in the process of moving house, and i can take my flexible tracker with us (tracks at 1% over BoE base rate) we were looking at borrowing 198, 000 over 20 years and repayments were about 900 quid

[Buenchico]

According to the calculator on the BBC website, assuming an interest rate of 3%, the monthly repayments would be �980.22:
http://www.bbc.co.uk/homes/property/mortgageca lculator.shtml

Chris

[gilf]

If you are a first time buyer or don't have a large deposit (40%) there is no way you will get anything close to the current "official" BOE lending rate.

I'd say you are more likely to be paying 6.5% so something like....

�1323