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Does anyone know what the monthly repayment would be on an 80 grand mortgage?

4 replies

fryalot · 30/03/2008 08:51

I know it changes with interest rates, I just wondered if it is likely to be more or less than our monthly rent, which is £520 a month.

Anyone got any ideas?

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Chocolateteapot · 30/03/2008 08:54

london and country have a mortgage calculator on their site, they are lcplc.co.uk. If that doesn't work google them. You can then play about with interest rates to see how they affect it.

fryalot · 30/03/2008 08:59

fab! thanks, chocolate teapot.

The calculation works out at...

£520 a month

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Chocolateteapot · 30/03/2008 09:03

That's amazingly handy ! Do you have a deposit available and a house in mind or is it theoretical atm ?

fryalot · 30/03/2008 10:34

theoretical really = dp is having his annual "let's buy a house" phase and I was wondering whether it is feasible.

thank you

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