We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Mortgage % Monthy Rates VS % Of Deposit put down? - Show some rates please....
Options
gemmaking
Posts: 422 Forumite
Mortgage advisors, or lenders, I would like to know the approx rates per deposits put down.
I know your rates will just be approximates, but that will be fine.
5% deposit on a property will get you a x% rate on a mortgage.
10% deposit on a property will get you a x% rate on a mortgage.
15% deposit on a property will get you a x% rate on a mortgage.
20% deposit on a property will get you a x% rate on a mortgage.
25% deposit on a property will get you a x% rate on a mortgage.
30% deposit on a property will get you a x% rate on a mortgage.
35% deposit on a property will get you a x% rate on a mortgage.
{made up example}
a x% = 3.56% for an average rate, for a 25% downpayment
I know your rates will just be approximates, but that will be fine.
5% deposit on a property will get you a x% rate on a mortgage.
10% deposit on a property will get you a x% rate on a mortgage.
15% deposit on a property will get you a x% rate on a mortgage.
20% deposit on a property will get you a x% rate on a mortgage.
25% deposit on a property will get you a x% rate on a mortgage.
30% deposit on a property will get you a x% rate on a mortgage.
35% deposit on a property will get you a x% rate on a mortgage.
{made up example}
a x% = 3.56% for an average rate, for a 25% downpayment
0
Comments
-
why dont you go on to a mortgage comparison website and do this yourself? Would have been quicker than typing out your post!0
-
You have got to be joking??Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
-
Try this, its the FSA mortgage tables and will give you details of all available, you'll have to do a search for each of your variables but it should give you an answer.
http://pluto.moneyadviceservice.org.uk/mortgages"You've been reading SOS when it's just your clock reading 5:05 "0 -
It would be pure insanity for anyone qualified who respects their qualification to fill out that table for you! As someone above said, go to the moneymadeclear websiteI 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.0 -
It would be pure insanity for anyone qualified who respects their qualification to fill out that table for you! As someone above said, go to the moneymadeclear website
Exactly, not only would it be a waste of time due to various rates not being available to certain individuals due to personal circumstances but you'd also get a load of responses from people saying "what about the X% rate from Y bank" as newer, better deals come out.
P.S. I'm not qualified in anything to do with mortgages
0 -
I'll sit and pull them off Mortgage Brain if someone wants to pay me £100 to do it.
It's just too much like... work! I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.0 -
I love the phrasing, I know they will be approximates but that is fine; like making concessions for us..
I laughed and quickly moved on...I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.2K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.2K Mortgages, Homes & Bills
- 177K Life & Family
- 257.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards