The Interest Rate

To see how rate changes could affect you use the Interest rate calculator below. You should note that rates are currently (when compared to most of the past 25 years ) low. If rates of 10-12% within the next few years would be unaffordable then be very careful.



Mortgage required:
Interest rate , enter 10% as 10:



Monthly payment:
But be careful, at 12% it will be:

Calculator Notes

It does not include any element of capital repayment or insurance and these aspects will mean that the total cost any real mortgage will be higher.