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Mortgage calculation please.

Rikki
Rikki Posts: 21,625 Forumite
in Mortgages & endowments
I'm no good with these type of figures. :o

I would like to know what the monthly repayments figures for these two amounts would be.

£25000 at 5.69% interest only. Monthly payment would be.......:question:

£20000 at 5.69% interest only . Monthly payment would be......:question:

Thanks in advance. :)
£2 Coins Savings Club 2012 is £4 :).............................NCFC member No: 00005.........

......................................................................TCNC member No: 00008
NPFM 21

Comments

  • herbiesjp
    herbiesjp Posts: 8,499 Forumite
    Rikki wrote: »
    I'm no good with these type of figures. :o

    I would like to know what the monthly repayments figures for these two amounts would be.

    £25000 at 5.69% interest only. Monthly payment would be.......:question:

    £20000 at 5.69% interest only . Monthly payment would be......:question:

    Thanks in advance. :)

    £25k = £118.54 pm

    £20k = £94.83 pm

    Hope it helps
    I 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.
  • Rikki
    Rikki Posts: 21,625 Forumite
    herbiesjp wrote: »
    £25k = £118.54 pm

    £20k = £94.83 pm

    Hope it helps


    Yes that brilliant. Thank you. :j
    £2 Coins Savings Club 2012 is £4 :).............................NCFC member No: 00005.........

    ......................................................................TCNC member No: 00008
    NPFM 21
  • Rikki
    Rikki Posts: 21,625 Forumite
    One more calculation please.

    £54000 at 5.69% interest only. Monthly payment would be......:question:

    Thank you once again. :)
    £2 Coins Savings Club 2012 is £4 :).............................NCFC member No: 00005.........

    ......................................................................TCNC member No: 00008
    NPFM 21
  • herbiesjp
    herbiesjp Posts: 8,499 Forumite
    Rikki wrote: »
    One more calculation please.

    £54000 at 5.69% interest only. Monthly payment would be......:question:

    Thank you once again. :)

    It would be £256.05 pm
    I 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.
  • Rikki
    Rikki Posts: 21,625 Forumite
    herbiesjp wrote: »
    It would be £256.05 pm


    Thank you. :j
    £2 Coins Savings Club 2012 is £4 :).............................NCFC member No: 00005.........

    ......................................................................TCNC member No: 00008
    NPFM 21
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