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Mortgage Amortization Calculator
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Thrugelmir wrote: »After 5 years you would still owe £115,560.
At 8.49% your monthly payments would be £930. (initially £767)I make the initial payments to be £708.95 and the follow on payments £930.29.
You can put interest rate changes directly into this calculator: http://www.drcalculator.com/mortgage/uk/
Thanks. So £930 a month if i stick with the lender.
I should be able to get a lower rate though if i shop around after the 5 year fixed is up correct? Would it be much lower though?0 -
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Thrugelmir wrote: »Total depends on interest rates at that time. Also your LTV as if property prices were to fall then that would restrict your options as well.
Thanks for your help0
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