Loan calculator guides for £260,000 mortgages
Mortgage & remortgage payment tables can be a useful source of information for potential borrowers, the £260,000 guides 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.
on both interest only and capital repayment and can be a useful source of information for borrowers.
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The £260,000 payment tables are for illustration purposes only, please contact us for an accurate illustration.
Monthly payment examples for £260,000 Interest Only
 |
3% | 4% | 5% | 6% |
|---|---|---|---|---|
| 15 years | £650 | £866 | £1,083 | £1,300 |
| 25 years | £650 | £866 | £1,083 | £1,300 |
As you can see from the examples above, the mortgage term will not affect the monthly payments for an interest only mortgage of £260,000 - regardless of whether you need a mortgage with CCJ's or a bad credit mortgage, the term will not affect the monthly payments.
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 £260,000 capital repayment
|
3% | 4% | 5% | 6% |
|---|---|---|---|---|
| 15 years | £1,795 | £1,948 | £2,087 | £2,230 |
| 16 years | £1,706 | £1,856 | £1,999 | £2,143 |
| 17 years | £1,628 | £1,780 | £1,921 | £2,067 |
| 18 years | £1,559 | £1,711 | £1,853 | £2,001 |
| 19 years | £1,497 | £1,649 | £1,792 | £1,941 |
| 20 years | £1,441 | £1,594 | £1,738 | £1,889 |
| 21 years | £1,391 | £1,544 | £1,689 | £1,841 |
| 22 years | £1,346 | £1,499 | £1,646 | £1,799 |
| 23 years | £1,305 | £1,458 | £1,606 | £1,761 |
| 24 years | £1,267 | £1,421 | £1,570 | £1,726 |
| 25 years | £1,232 | £1,386 | £1,537 | £1,694 |
| 26 years | £1,201 | £1,355 | £1,507 | £1,666 |
| 27 years | £1,171 | £1,326 | £1,479 | £1,640 |
| 28 years | £1,144 | £1,300 | £1,454 | £1,616 |
| 29 years | £1,119 | £1,275 | £1,430 | £1,594 |
| 30 years | £1,096 | £1,252 | £1,409 | £1,574 |
The payment calculator tables represent the approximate monthly figure for mortgage & remortgage payments of £260,000, whilst they are useful as a guide mortgage deals, interest rates and payments change constantly and its always best to speak to a professional mortgage broker, especially if you need a bad credit mortgage as the deals available from specialist lenders are normally not available to the public directly, they will insist a mortgage broker is used to ensure the deal is right for you.
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