We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Help needed - what will repayments be ?
LizzieandThomas
Posts: 324 Forumite
Ok, i find this all so confusing !
Im looking at moving soon, im with the abbey for my mortgage and tied in till Sept 09 at 5.64 % , existing mortgage is 110k, i will be looking at increasing my mortgage to 180k - my understanding is that the 110k will remain at the same rate and the additional at abbeys current rate - how do i work out my monthly repayments - happy to take mortgage over 40 years x
Im looking at moving soon, im with the abbey for my mortgage and tied in till Sept 09 at 5.64 % , existing mortgage is 110k, i will be looking at increasing my mortgage to 180k - my understanding is that the 110k will remain at the same rate and the additional at abbeys current rate - how do i work out my monthly repayments - happy to take mortgage over 40 years x
0
Comments
-
You get a quote from Abbey. Brokers cant quote on the existing part as the scheme is no longer available so not on thier systems.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.9K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 246.9K Work, Benefits & Business
- 603.5K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards