Mortgage Payment Guides for £310000, £320000, £330000, £340000 & £350000

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Monthly Mortgage Payment Guides

Please select the mortgage loan amount for a more detailed payment table
£310,000 Mortgage Payments £320,000 Mortgage Payments £330,000 Mortgage Payments £340,000 Mortgage Payments £350,000 Mortgage Payments
mortgage payments

We often get asked what the approximate monthly payment would be for a certain amount of money over a certain number of years - to give you an indication of monthly mortgage payments we have some examples below.

Monthly mortgage payments at 5% Capital Repayment

 Mortgage Payment £310,000 £320,000 £330,000 £340,000 £350,000
15 years £2,488.84 £2,569.13 £2,649.41 £2,729.70 £2,809.98
20 years £2,072.93 £2,139.80 £2,206.67 £2,273.54 £2,340.41
25 years £1,832.94 £1,892.07 £1,951.19 £2,010.32 £2,069.45

 

For borrowers who can not provide suitable proof of income a self cert mortgage may be required. Interest rates for self cert mortgages would typically be around the 6% mark and should give a good indication of the monthly costs on a repayment basis.

Monthly mortgage payments at 6% Capital Repayment

remortgage £310,000 £320,000 £330,000 £340,000 £350,000
15 years £2,659.87 £2,745.67 £2,831.48 £2,917.28 £3,003.08
20 years £2,252.27 £2,324.92 £2,397.58 £2,470.23 2,542.88
25 years £2,020.86 £2,086.05 £2,151.23 £2,216.42 £2,281.61

The rates below are typical of mortgage deals that allow adverse credit to be registered with credit reference agencies, usually known as a bad credit mortgages they will allow clients with credit problems to obtain a mortgage or remortgage, due to the higher risk involved for the lender they normally carry a higher interest rate, if you have bad credit registered against you then you may find the loan to value and income and affordability pages useful.

Monthly mortgage payments at 7% Capital Repayment

monthly payments £310,000 £320,000 £330,000 £340,000 £350,000
15 years £2,836.36 £2,927.86 £3,019.35 £3,110.85 £3,202.34
20 years £2,438.48 £2,517.14 £2,595.81 £2,674.47 £2,753.13
25 years £2,216.77 £2,288.28 £2,359.79 £2,431.30 £2,502.81

 

Monthly mortgage payments at 8% Capital Repayment

Mortgage Payment Guide £310,000 £320,000 £330,000 £340,000 £350,000
15 years £3,018.10 £3,115.45 £3,212.81 £3,310.17 £3,407.53
20 years £2,631.18 £2,716.06 £2,800.94 £2,885.81 £2,970.69
25 years £2,420.04 £2,498.10 £2,576.17 £2,654.23 £2,732.30

For people with very bad credit such as lots of mortgage arrears and a number of CCJ's higher interest rates may apply. People who want a remortgage to repair their credit will often be happy to live short term with a mortgage of 9% in order to carry out what is termed as a credit repair remortgage, meaning when they remortgage again they should be eligible for much more attractive interest rates.

Monthly mortgage payments at 9% Capital Repayment

Loan Figures £310,000 £320,000 £330,000 £340,000 £350,000
15 years £3,204.85 £3,308.24 £3,411.62 £3,515.00 £3,618.38
20 years £2,829.95 £2,921.24 £3,012.53 £3,103.82 £3,195.11
25 years £2,629.99 £2,714.83 £2,799.67 £2,884.51 £2,969.35

Whilst the above tables will give you an indication of the likely cost of an adverse credit mortgage, its always best to speak to a profession who understands your circumstances and your mortgage needs, its very unlikely you will know what rates etc you can get until you speak to a specialist mortgage broker.

Please note:
The figures above do not constitute a mortgage offer of any form. We can not be held responsible for any misprints on the tables above. For an exact quotation please contact us

mortgage payments, APR statement