£85,000 mortgage & remortgage calculator tables

Sunday, February 05, 2012RSS Feed

Mortgage calculator payment tables for £85,000

85000 mortgage, contact usMortgage 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

85000 mortgage payments 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.


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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

85000 mortgage payments 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.


< £80,000 Mortgage & Remortgage Calculator Payments £90,000 Mortgage & Remortgage
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Please note:
The figures above do not constitute a mortgage offer of any form. Baker Financial can not be held responsible for any misprints on the tables above. For an exact quotation please contact us.
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