How Much Do You Pay Per Month?

anotheruser

Just looking at my mortgage options and wondering how much people pay per month.
And how much of a deposit did you put down?
And how long it is for?
For what price house?

I know it will be different because of the size of the property and when you got the mortgage but I want to get a rough understanding.

Thanks

chelseablue

anotheruser wrote: »

Just looking at my mortgage options and wondering how much people pay per month. Currently pay £559 a month, will be paying £479 a month from September when I leave my current fixed rate :T
And how much of a deposit did you put down? £47,000 when I purchased it in 2010
And how long it is for? 22 years left

I know it will be different because of the size of the property and when you got the mortgage but I want to get a rough understanding. Mine is a 2 bedroom flat

Thanks

Hope my answers help

ExpertAdvice

You are asking very vague questions. You need to have some figures to get some meaningful responses. There are many calculators available that would give you figures based on the figures you put in.

Prothet_of_Doom

1998 : Put down £5000. just a bit over 10% Payments were £450 a month, until 12 months ago and are now £12 a month

in 15 years I have spent as much on repairs, extensions, and improvements, as I paid for the house.
Garage £1200
Kitchen £2000
Rewiring £2000
Central Heating £2000
Windows £10000
Loft room £15000
Shed £700
Garden £2000
Bathroom £6000
Decorating £6000
Flooring £2000

anotheruser

ExpertAdvice wrote: »

You are asking very vague questions. You need to have some figures to get some meaningful responses. There are many calculators available that would give you figures based on the figures you put in.

Um, not really that vague?

They are simple questions.
While I know everyone will be different with different deals and rates, I am still interested to know the basics of the how much deposit, how much monthly and how long for.

R_P_W

anotheruser wrote: »

Um, not really that vague?

They are simple questions.
While I know everyone will be different with different deals and rates, I am still interested to know the basics of the how much deposit, how much monthly and how long for.

The answers are going to be so broad that it just have to question how any answers will be useful what so ever.

Surely a more relevant question would be what interest rate are you paying and what is your ltv?

sparkstertom

R_P_W wrote: »

The answers are going to be so broad that it just have to question how any answers will be useful what so ever.

Surely a more relevant question would be what interest rate are you paying and what is your ltv?

Purchase price £199,950, deposit £20,000, LTV 90% - mortgage payments fixed for two years at 3.49% - £801.00 ish over 34 year term..

We plan to make the maximum overpayments which will see our term decreased to about 22years if all goes to plan..

sulphate

Completing Friday but...

Purchase price £137,500
Deposit £30,000
Repayments £564 per month
25 year term

purcel

£152000, deposit £16000, currently waiting to remortgage- so hopefully it will be £836 a month, 18 years term , at the moment £667 for a 27 year term

2 bedroom semi detached house

emmysmum

Purchase price:£160,000
Deposit: £32,000
Monthly repayment: £607
22 year term.
4 bed detetached house.

Dan-Dan

anotheruser wrote: »

Um, not really that vague?

They are simple questions.
While I know everyone will be different with different deals and rates, I am still interested to know the basics of the how much deposit, how much monthly and how long for.

Part of your question doesnt make sense unless people post how much they bought the house for , then the deposit question makes sense