Mortgage calculator payment tables for £85,000
Mortgage calculator payment tables are useful for giving a potential borrower an idea of the monthly mortgage or remortgage payments for a particular size loan - the £85,000 calculator tables below show monthly payments for interest only and capital repayment.
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The £85,000 payment tables below start from 4%, interest rates typically start from as little as 1.5% or less but it would be impossible to list every mortgage type here.
The payment tables are for illustration purposes only, as everyone's circumstances are different, please contact us for an illustration tailored to your circumstances, needs and budget!
Monthly payment examples for £85,000 Interest Only
 |
4% | 5% | 6% | 7% |
|---|---|---|---|---|
| 15 years | £283 | £354 | £425 | £495 |
| 25 years | £283 | £354 | £425 | £495 |
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.
Mortgage payments on interest will not be affected by the mortgage term (shown above) as no capital is being repaid, you are simply paying the interest on the loan.
Interest only mortgages are a good way for people wanting to consolidate bad debt with a credit repair remortgage, as the interest on a mortgage that allows bad debt may be higher than a standard high street mortgage an interest only mortgage will help keep monthly costs down to a minimum.
Monthly payment examples for £85,000 capital repayment
|
4% | 5% | 6% | 7% |
|---|---|---|---|---|
| 15 years | £637 | £682 | £729 | £777 |
| 16 years | £607 | £653 | £700 | £749 |
| 17 years | £582 | £628 | £676 | £725 |
| 18 years | £559 | £605 | £654 | £704 |
| 19 years | £539 | £586 | £634 | £685 |
| 20 years | £521 | £568 | £617 | £668 |
| 21 years | £504 | £552 | £602 | £653 |
| 22 years | £490 | £538 | £588 | £640 |
| 23 years | £476 | £525 | £575 | £628 |
| 24 years | £464 | £513 | £564 | £617 |
| 25 years | £453 | £502 | £554 | £607 |
| 26 years | £443 | £492 | £544 | £598 |
| 27 years | £433 | £483 | £536 | £590 |
| 28 years | £425 | £475 | £528. | £583 |
| 29 years | £417 | £467 | £521 | £576 |
| 30 years | £409 | £460 | £514 | £570 |
Its important to remember that the mortgage calculator tables above are a guide only and until you have spoken to a professional mortgage advisor you are unlikely to know the monthly costs of your new mortgage, for instance you may require and self cert mortgage or have special circumstances that require someone with specialist knowledge or the mortgage's that may be suitable for you.
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