£85,000 mortgage & remortgage calculator tables

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Mortgage calculator payment tables for £85,000

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Mortgage payment tables are useful for giving a potential borrower an idea of the monthly mortgage payments for a particular size loan - unlike mortgage calculators where you enter the interest rate, payment tables allow you to compare various loan rates and sizes at a glance.85000 mortgage, contact us



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%

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2.49% 31 May 2012 5.1% APR 75%

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3.49% 20 June 2012 4.2% APR 80%

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3.99% 2 years 5.4% APR 85%

The £85,000 mortgage calculator tables below are for guidance only, for an accurate mortgage calculation please contact us.

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

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.

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.

85000 mortgage remortgage APR statement