Please can you help with mortgage costing?

Guss100

In April 2009 I took out a 330,000 mortgage with Woowich fixed at 4.39% for 3 years.

The mortgage was split £180,000 repayment, £150,000 interest only.

I have made a few overpayments and the balance now stands at £309,000.

When the fixed rate finishes i will go on to half a point over base. Please could you calculate what i will be repaying in April 2012 when my fixed rate comes to an end?

All help much appreciated

theoretica

To calculate this you need to know how long the term of your mortgage is (shorter term = higher payments on the repayment bit). We also need to know how much of your mortgage is now repayment and how much interest only. When it says base rate is that Bank of England base? When you have this you can run them as two separate mortgages through any of the many online mortgage calculators.

The answer will probably be between 800 and 870.