Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • Tayus
    • By Tayus 19th Apr 06, 11:08 AM
    • 307Posts
    • 26Thanks
    Tayus
    Repayments for 90000 mortgage
    • #1
    • 19th Apr 06, 11:08 AM
    Repayments for 90000 mortgage 19th Apr 06 at 11:08 AM
    Hi could any one tell me what the typical payments would be on a 90000 mortgage over a term of 25 years. I know its a bit of a random question but i dont need exact figures just a rough guesstimate. thanks
    Aoccdrnig to a rscheearch at an Elingsh uinervtisy, it deosn't mttaer in waht oredr the ltteers in a wrod are, the olny iprmoetnt tihng is taht frist and lsat ltteer is at the rghit pclae. The rset can be a toatl mses and you can sitll raed it wouthit porbelm. Tihs is bcuseae we do not raed ervey lteter by it slef but the wrod as a wlohe.
Page 1
  • needstoknow
    • #2
    • 19th Apr 06, 11:29 AM
    • #2
    • 19th Apr 06, 11:29 AM
    550 per month
    • goldmercury
    • By goldmercury 19th Apr 06, 11:32 AM
    • 141 Posts
    • 39 Thanks
    goldmercury
    • #3
    • 19th Apr 06, 11:32 AM
    • #3
    • 19th Apr 06, 11:32 AM
    mortgage calculator...

    http://www.bbc.co.uk/homes/property/mortgagecalculator.shtml
    • missk_ensington
    • By missk_ensington 19th Apr 06, 12:27 PM
    • 1,540 Posts
    • 557 Thanks
    missk_ensington
    • #4
    • 19th Apr 06, 12:27 PM
    • #4
    • 19th Apr 06, 12:27 PM
    It also depends on your circumstances (If you have debts, or have a mortgage on a Self-Certificate like mine because you have a) income from various jobs or b) your self emplyed and don't have 2 yrs accounts the interst rate might be 5.5% rather than 4%)

    Halifax have a really good calculator online, you can see what the repayments would be using different rates and over different terms. Also try and increase your deposit, borrowing from family is better than borrowing from the bank cos at least family (probably) won't want interest!
  • Gingham Ribbon
    • #5
    • 19th Apr 06, 6:38 PM
    • #5
    • 19th Apr 06, 6:38 PM
    Is your plan to try to reduce the term of your mortgage? Or are you planning your finances for taking out a new mortgage?
    May all your dots fall silently to the ground.
    • comping cat
    • By comping cat 19th Apr 06, 8:05 PM
    • 23,797 Posts
    • 3,164,925 Thanks
    comping cat
    • #6
    • 19th Apr 06, 8:05 PM
    • #6
    • 19th Apr 06, 8:05 PM
    My mortgage is with Northern Rock, 90,000, unlimited overpayments, which you can then borrow back if you need to. It is self certificating (im self employed) and i managed to get a fixed rate of 4.99%, fixed for 5 years. It is over 28 years (previously had a 30 year deal) and for that im paying 500 a month.
    • Tayus
    • By Tayus 20th Apr 06, 1:01 AM
    • 307 Posts
    • 26 Thanks
    Tayus
    • #7
    • 20th Apr 06, 1:01 AM
    • #7
    • 20th Apr 06, 1:01 AM
    Thanks for your replies, just wanted to start saving as though i had a mortgage so that i could get used to the payments before i purchase a house.
    Aoccdrnig to a rscheearch at an Elingsh uinervtisy, it deosn't mttaer in waht oredr the ltteers in a wrod are, the olny iprmoetnt tihng is taht frist and lsat ltteer is at the rghit pclae. The rset can be a toatl mses and you can sitll raed it wouthit porbelm. Tihs is bcuseae we do not raed ervey lteter by it slef but the wrod as a wlohe.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

3,346Posts Today

7,539Users online

Martin's Twitter