Percentage between captial and interest

Kopite1976

Hi

Roughly, can anyone tell me what a standard capital and repayment mortgage reduces capital by?

ie is the monthly payment 75% interest, 25% capital?

or are they all different?

[Deleted User]

Depends on your term and where you are in it. Your first payment pays off very little capital, your last one pays off a great big chunk.

Thrugelmir

Spends on the interest rate and the term.

So a a 25 year term at 5%.

Year 1 is 29% capital.

rising to

Year 25 is 95% capital