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Renting v buying
teophill
Posts: 1 Newbie
I'm trying to compare renting v buying . Can anyone advise what size mortgage I could get say for example £500 per month ?
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Comments
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About £120,000 assuming 5% interest rate. And you need to assume at least that because rates are abnormally low at the moment. In addition you'd need an income of at least £30,000 and to get a 25% deposit for the best rates you'd need £40,000 in savings.0
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