Working how much Monthly Payments will be

StanVanDamn

My mortage with the Hliafax has just come out of a fixed rate onto the standard Halifax variable rate.

I cant seem to work out how much my monthly payment will be though. Is there anyway I can work this out?

My current outstanding amount is £94308.01 with 28 years left on the contract.

Mu current payment is £502.31 a month.

The fixed rate I was on was 4.890 and the variable is 3.500.

Finally, if the variable rate is so low is there any point looking for another fixed rate at this point?

_Andy_

google 'bbc mortgage calculator'

Joe_Bloggs

The MSE Ultimate mortgage calculator tool indicates £441 per month. try it for yourself.
There may be better deals. Use the calculator to compare them. So much depends upon your loan to value and credit/debt circumstances.
J_B.

opinions4u

Time to overpay!