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Mortgage Payment matrix for mortgage loans
£210,000 | £220,000 | £230,000 | £240,000 | £250,000
10years | 15 years | 20 years | 25 years
7% | 8% | 9% interest rates
Following on from our previous product matrix which covered loans between £160,000 and £200,000 we have listed more monthly mortgage payment guides in matrix form to give you an indication of how much borrowing between £210,000 and £250,000 would cost per month depending on term and interest rates.
The matrix below are only a guide and you should always speak to a professional adverse mortgage broker for a full mortgage illustration and monthly costs if you require a mortgage or remortgage with bad credit, the payment tables below should enable you to get an idea of what's available depending on the mortgage term required and the loan amount.
Monthly mortgage payment matrix at 7%
| £210,000 | £220,000 | £230,000 | £240,000 | £250,000 | |
|---|---|---|---|---|---|
| 10 years | £2,491.61 | £2,610.25 | £2,728.90 | £2,847.55 | £2,966.20 |
| 15 years | £1,921.41 | £2,012.90 | £2,104.40 | £2,195.89 | £2,287.39 |
| 20 years | £1,651.88 | £1,730.54 | £1,809.20 | £1,887.86 | £1,966.52 |
| 25 years | £1,501.68 | £1,573.19 | £1,644.70 | £1,716.21 | £1,787.72 |
Monthly mortgage payment matrix at 8%
| £210,000 | £220,000 | £230,000 | £240,000 | £250,000 | |
|---|---|---|---|---|---|
| 10 years | £2,608.02 | £2,732.21 | £2,856.40 | £2,980.59 | £3,104.78 |
| 15 years | £2,044.52 | £2,141.88 | £2,239.23 | £2,336.59 | £2,433.95 |
| 20 years | £1,782.41 | £1,867.29 | £1,952.17 | £2,037.04 | £2,121.92 |
| 25 years | £1,639.38 | £1,717.44 | £1,795.51 | £1,873.58 | £1,951.64 |
Monthly mortgage payment matrix at 9%
| £210,000 | £220,000 | £230,000 | £240,000 | £250,000 | |
|---|---|---|---|---|---|
| 10 years | £2,726.85 | £2,856.70 | £2,986.55 | £3,116.40 | £3,246.25 |
| 15 years | £2,171.03 | £2,274.41 | £2,377.80 | £2,481.18 | £2,584.56 |
| 20 years | £1,917.06 | £2,008.35 | £2,099.64 | £2,190.93 | £2,282.22 |
| 25 years | £1,781.61 | £1,866.45 | £1,951.29 | £2,036.13 | £2,120.96 |
Mortgage products vary constantly and the interest rates available at the time you apply may be higher or lower than those listed above.
The mortgage payment matrix above do not include other mortgage application fees such as valuation and legal fees but should give an indication of the monthly payment depending on your poor credit. We would suggest contacting a specialist mortgage broker in order to get a complete mortgage illustration - contact us today.
