New fix deal?

MikeandMandy

hello, i will be re mortgaging in september.i am on a fix rate of 6% and will have around 36,000 pounds left to pay off,does anyone know what fix rate i could be on and how much my monthly payments will be? i have 10 years left on my mortgage,thanks

robbiecaratiger

Hi..

What rate you could be on will all depend on what your LTV is. If your LTV is low (i.e 60% or less) then you can get a really competitive rate at the moment

As for repayments, here's a link for one calculator. All you have to do is enter the values yourself. Most lenders have some form of calculator on their website

http://www.natwest.com/personal/mortgages/g1/repayment-calculator.ashx

Hope this helps

Mike

robbiecaratiger

I've just entered your figures. If your LTV is 75%, (I'm an Advantage Gold customer with Natwest) then you could (for instance) tie in to Natwest for 10 years at 5.14% and your repayments would be fixed at £384.30 a month.

This is just one xample though, to give you a ball-park figure.