Any one bored and willing to calculate BTL interest mortgage for me please?

[Pleasehelpthankx]

As the title said- thank you by the way- I need to understand some numbers in case I decide to keep my flat and turn it into a BTL. ( Plus not advice on 'don't do it' etc etc- I have other BTL but really crap at calculating mortgages when others seem to do it with ease.

Figures:
Property value: £350K
Mortgage: £260K
Therefore you can use 75% LTV.
Term remaining is 32 years I think

Possible interest only mortgage rates with various lenders:
a) 5,34% for 5 years.
b) 5,74% for 5 years
c) 5,94% for 5 years

Also looking at making the decision in about 2 years' time when BOE interest rates have come done a bit and 'hopefully' mortgage rates fall too slightly.

Please let's use term remaining as above here please ( for reasons I don't want to say here). And the rest figures, as well- thanks.
Term remaining 32 years.
Property value: £350K
Mortgage: £260K
Therefore you can use 75% LTV.

d)4.99% for 5 years
e) 4.5% for 5 years ( I believe is all I can hope the BTL mortgages will fall to)

Alternatively, please just work out ONE example from above and post here and I will easily run along with it. Thank you very much.

You have said the above rates are interest only. So there is no repayment element and no 'term' as such.
So to calculate the annual cost you just multiply the loan amount by the interest rate to get the annual cost.

Triple the interest divide by the term. Multiple by 100. Then divide by 12. Take this number and divide it by the current value of the property. Multiply by 100.

Let me know if you need more help.

5.34% = £1156 a month, interest only

You don't say what the rental value is, surely the main consideration?
But I'd think on a £350k flat it's not going to be profitable once tax, service charges, letting fees, provisions for voids and repairs is taken into account, unless somehow you can get £1,700+ plus for it.

5.75% on 260k over 32 years is 1245 a month.

https://www.moneysavingexpert.com/mortgages/mortgage-rate-calculator/

Will let you calculate them all out.

Soooo sorry, it all went quiet and I thought none would respond.

All very helpful. I will save it so I do the maths s.l.o.w.l.y as I watch BTL mortgages over the next year as the last thing I want to do is sell anything in a panic. That will give me 1 (another) year to sell.

Quick answers:

Rental value is between £1700 and £1,800k so will keep this in mind.
On Tax: no worries, I will be on early retirement so there will be little to no tax. I feel for those with enormous salaries from day jobs as BTL is surely unaffordable for them, no? I know it would have been for me on my proper salary.

Thank you all very much.

not K obv