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Loan towards property purchase for rental
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yes, use an online mortgage calculator and read the Halifax T&Cs to find what will be the early repayment charge (if any)BACKTOBACK said:Is there anyway to work out approximately what the settlement figure would be on the mortgage after the initial 5 year term?0 -
BACKTOBACK said:Okay just looking at other options now, what if i borrowed £150k from the halifax over 20 years. 5 year fixed rate at 1.93% with no initial fee (payments £754 per month) bought a £300k house. Then after 5 years i sold the house to move to a cheaper area. Is there anyway to work out approximately what the settlement figure would be on the mortgage after the initial 5 year term?Here we goPut in a mortgage start date of 5 years ago.Shows 118k left.
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