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
How much will I have paid?
Liam_M_2
Posts: 2 Newbie
Hope this doesn't seem like a silly question but my maths is terrible.
I took out a FTB 100% mortgage on a flat with Northern Rock last Nov - good timing i know.
Its a fixed rate at 7.39% on a loan of £101,000 giving monthly repayments of £741.
House prices are still rising in my area though much slower than when I bought.
How much roughly will I have paid off when the 2 year rate ends in Oct 2009? I know it won't be much but I am just thinking about my options when the time comes.
Thanks.
I took out a FTB 100% mortgage on a flat with Northern Rock last Nov - good timing i know.
Its a fixed rate at 7.39% on a loan of £101,000 giving monthly repayments of £741.
House prices are still rising in my area though much slower than when I bought.
How much roughly will I have paid off when the 2 year rate ends in Oct 2009? I know it won't be much but I am just thinking about my options when the time comes.
Thanks.
0
Comments
-
Do you have your original KFI or mortgage offer? There is a section on the back page that shows the projected balance at certain points in the mortgage.0
-
-
Great, thanks Thrifty. Just what I was looking for.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