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How to Calculate Monthly Mortgage Payments

Posted on 24 February 2011 by p.walsh


If I pay 15% deposit on £55,000 house and the mortgage over 30yrs what will the monthly repayments be?

Pauline,

The monthly payments will depend on the interest rate charged on the mortgage. I suggest that you review the Best Buys applicable to your situation and then use our monthly payment calculator.

For your convenience I have placed a direct link to this below.

Peter

 

 

Answers provided in response to Ask the experts are based on the information provided and do not constitute advice under the Financial Services & Markets Act. They reflect the personal views of the authors and do not necessarily represent the views, positions, strategies or opinions of John Charcol. All comments are made in good faith, and John Charcol will not accept liability for them.

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