£160,000 mortgage calculator payment tables
Mortgage & remortgage calculator payment guides can be a useful source of information for borrowers, the £160,000 tables below show interest rate examples from 3% on both capital repayment and interest only.
Mortgage interest rates typically start from as little as 1.99% or less, as everyone's circumstances are different you should speak to a mortgage professional for an accurate illustration.
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The £160,000 payment tables are for illustration purposes only, please contact us for an accurate illustration.
Monthly payment examples of £160,000 for Interest Only
 |
4% | 5% | 6% | 7% |
|---|---|---|---|---|
| 15 years | £533 | £666 | £800 | £933 |
| 25 years | £533 | £666 | £800 | £933 |
Interest only mortgages will allow a borrower to reduce the mortgage payments as low as possible for this reason they are great for investment property such and buy to let mortgages are becoming more popular as savvy borrowers look for alternative investment products.
some of the best mortgage deals...
| Initial rate |
Until | Cost for Comparison |
Max Loan to value | |
|---|---|---|---|---|
Tracker |
1.84% | 2 years | 5.0% APR | 70% |
Tracker |
1.89% | 2 years | 4.9% APR | 70% |
Tracker |
2.49% | 31 May 2012 | 5.1% APR | 75% |
Tracker |
3.49% | 20 June 2012 | 4.2% APR | 80% |
Tracker |
3.99% | 2 years | 5.4% APR | 85% |
Knowing the available mortgage interest rates is a good place to start in applying for a mortgage, however, in today's challenging financial market its important to speak to someone who can ensure your application goes through as smoothly and quickly as possible.
With years of experience & access to the whole mortgage market, our dedicated advisors are fully qualified & regulated with the Financial Services Authority & trained to the highest standards to ensure you get the best level of service and the best mortgage or remortgage available.
Monthly examples for £160,000 on capital repayment
|
3% | 4% | 5% | 6% |
|---|---|---|---|---|
| 15 years | £1,104 | £1,183 | £1,265 | £1,350 |
| 16 years | £1,050 | £1,144 | £1,230 | £1,319 |
| 17 years | £1,002 | £1,095 | £1,182 | £1,272 |
| 18 years | £959 | £1,053 | £1,140 | £1,231 |
| 19 years | £921 | £1,015 | £1,103 | £1,194 |
| 20 years | £887 | £981 | £1,069 | £1,162 |
| 21 years | £856 | £950 | £1,039 | £1,133 |
| 22 years | £828 | £922 | £1,012 | £1,107 |
| 23 years | £803 | £897 | £988 | £1,083 |
| 24 years | £780 | £874 | £966 | £1,062 |
| 25 years | £758 | £853 | £946 | £1,043 |
| 26 years | £739 | £834 | £927 | £1,025 |
| 27 years | £721 | £816 | £910 | £1,009 |
| 28 years | £704 | £800 | £894 | £994 |
| 29 years | £688 | £785 | £880 | £981 |
| 30 years | £674 | £771 | £867 | £968 |
Mortgages for people with adverse credit such as CCJ mortgages or adverse credit mortgages will allow people with bad credit registered against to apply and complete on a mortgage application - mortgage products change constantly and its always best to speak to a professional advisor who understands your needs and requirements - all our advisors are highly trained and specialise in none conforming and bad credit mortgages, ensuring you get the best deal possible.
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