Changing from interest only - RBS

Bibbitybob

Evening all,

I'm just wondering if anyone can offer me any advice/information on my mortgage.

For the last year I have been on interest only with RBS (debt just short of £65,000). I originally went interest only to keep the payments down because I was in the process of changing jobs, but my pay has now risen and become more stable so I'm thinking of changing my mortgage to repayment to try and get some of the collateral paid off.

Does anyone know if RBS charge for this service? Will I be staying on the same fixed rate, or will I have to change? And does anyone know how to work out how much more I'll be paying a month?

I'm just throwing figures around at the moment and would like to get it all a bit clearer in my head before I call them.

Thanks in advance.

dimbo61

Put your mortgage details in " whatsthecost" website and press "details " to find out the cost of your interest only and then repayment each month.
You need to call RBS to see what they charge but you should be able to keep your existing deal