Mortgage Calculator Payments for £170,000
Mortgage & remortgage payment calculator tables can be a useful source of information for potential borrowers, the £170,000 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.
- Access to the whole mortgage market
- 1000's of deals searched to get you the best deal available
- Exclusive deals not available on the high street
- Best 170,000 mortgage & remortgage rates in the UK
- Fully qualified & trained - Friendly, experienced, dedicated advisors
The £170,000 payment tables are for illustration purposes only,please contact us for an accurate illustration.
Monthly payment examples for £170,000 Interest Only
 |
3% | 4% | 5% | 6% |
|---|---|---|---|---|
| 15 years | £425 | £566 | £708 | £850 |
| 25 years | £425 | £566 | £708 | £850 |
As you can see from the calculation table above, the mortgage term for an interest only mortgage will not affect the monthly payments - this is because you are only repaying the interest and not the capital.
They have become very popular not only for buy to let mortgages but also as a means of reducing monthly mortgage payments to their minimum when times are hard or where borrowers are looking to repair their credit by way of a credit repair remortgage.
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 payment examples for £170,000 capital repayment
|
3% | 4% | 5% | 6% |
|---|---|---|---|---|
| 15 years | £1,173 | £1,274 | £1,364 | £1,458 |
| 16 years | £1,115 | £1,215 | £1,307 | £1,401 |
| 17 years | £1,064 | £1,164 | £1,256 | £1,352 |
| 18 years | £1,019 | £1,119 | £1,211 | £1,308 |
| 19 years | £979 | £1,078 | £1,172 | £1,269 |
| 20 years | £942 | £1,042 | £1,136 | £1,235 |
| 21 years | £910 | £1,009 | £1,104 | £1,204 |
| 22 years | £880 | £980 | £1,076 | £1,176 |
| 23 years | £853 | £953 | £1,050 | £1,151 |
| 24 years | £828 | £929 | £1,026 | £1,128 |
| 25 years | £806 | £906 | £1,005 | £1,108 |
| 26 years | £785 | £886 | £985 | £1,089 |
| 27 years | £766 | £867 | £967 | £1,072 |
| 28 years | £748 | £850 | £950 | £1,056 |
| 29 years | £732 | £834 | £935 | £1,042 |
| 30 years | £716 | £819 | £921 | £1,029 |
The mortgage calculator tables above should help you decide if a mortgage or remortgage is affordable, you may also find it useful to find out how a lender works out your affordability, that is to say how they work out if you can afford a mortgage based on their lending criteria.
Bad credit mortgages make it easier for people with a poor credit history to obtain a mortgage, sometimes called a poor credit mortgage - the lending criteria for these types of mortgage is slightly different to normal high street mortgages - one notable difference is how they work out the mortgage loan to value (LTV), any bad credit you have registered can affect the LTV a lender will allow.
To find out exactly how much you can borrow and the exact payments and costs involved simply complete the form at the top of this page and one of our dedicated advisors will call you back as soon as possible.
< £160,000 Mortgage & Remortgage Calculator Payments £180,000 Mortgage & Remortgage Calculator Payments >
