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A mortgage savvy person needed please!

MeestaDimples
MeestaDimples Posts: 44 Forumite
in Mortgages & endowments
I have £10k saved for a deposit and the flats I've been looking at average about £180k. Does anyone have a rough idea as to how much that might cost me each month?

Comments

  • herbiesjp
    herbiesjp Posts: 8,499 Forumite
    MeestaDimples wrote:
    I have £10k saved for a deposit and the flats I've been looking at average about £180k. Does anyone have a rough idea as to how much that might cost me each month?

    What mortgage term do you want?
    Do you want an interest only mortgage or a repayment mortgage?

    Are you sure your income will be able to give you the required mortgage?
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • paule_3
    paule_3 Posts: 18 Forumite
    Go to a website of one of the big banks like HSBC or A&L. They all have mortgage calculators so you can plug in a few figures and get a guide as to what it will cost. No obligations and takes seconds.

    P
    Offer accepted 18th September

    Mortgage all approved, surveys OK.

    Complete 24th November (we hope!!!)
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