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Loan calculator guides for £260,000 mortgages
< £250,000 Mortgage & Remortgage Payments £270,000 Mortgage & Remortgage Payments >The monthly mortgage payment tables below show the approximate costs for loan of £260,000 on both interest only and capital repayment
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| 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% |
The £2600,000 mortgage calculator tables below are for guidance only, for an accurate mortgage calculation please contact us.
Monthly payment examples for £260,000 Interest Only
 |
4% | 5% | 6% | 7% |
|---|---|---|---|---|
| 15 years | £866 | £1,083 | £1,300 | £1,516 |
| 25 years | £866 | £1,083 | £1,300 | £1,516 |
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.
Monthly payment examples for £260,000 capital repayment
|
4% | 5% | 6% | 7% |
|---|---|---|---|---|
| 15 years | £1,948 | £2,087 | £2,230 | £2,378 |
| 16 years | £1,859 | £1,999 | £2,143 | £2,293 |
| 17 years | £1,780 | £1,921 | £2,067 | £2,219 |
| 18 years | £1,711 | £1,853 | £2,001 | £2,153 |
| 19 years | £1,649 | £1,792 | £1,941 | £2,096 |
| 20 years | £1,594 | £1,738 | £1,889 | £2,045 |
| 21 years | £1,544 | £1,689 | £1,841 | £1,999 |
| 22 years | £1,499 | £1,646 | £1,799 | £1,958 |
| 23 years | £1,458 | £1,606 | £1,761 | £1,922 |
| 24 years | £1,421 | £1,570 | £1,726 | £1,889 |
| 25 years | £1,386 | £1,537 | £1,694 | £1,859 |
| 26 years | £1,355 | £1,507 | £1,666 | £1,832 |
| 27 years | £1,326 | £1,479 | £1,640 | £1,807 |
| 28 years | £1,300 | £1,454 | £1,616 | £1,785 |
| 29 years | £1,275 | £1,430 | £1,594 | £1,764 |
| 30 years | £1,252 | £1,409 | £1,574 | £1,746 |
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.
