Ball park figure - every extra 10k on a house will cost me..
Ball park figure - every extra 10k on a house will cost me..
Author
Discussion

Shoestringracer

Original Poster:

2,105 posts

223 months

Thursday 18th August 2011
quotequote all
We're looking to move. I'd be interested if there was a ball park figure for a 20 yr mortgage. So we sell our current house and every £10k extra will cost x per month.

Thanks

HarryW

15,889 posts

293 months

Thursday 18th August 2011
quotequote all
Too many variables to be exact but I would imagine around £50pm, why not just go onto one of the many mortgage calculators on line and put your specifics in.......

Murph7355

40,969 posts

280 months

Thursday 18th August 2011
quotequote all
It depends on so many things that you'll not get a sensible figure.

LTV? Interest only? Etc etc.

I'd say somewhere between 15 and 50 quid a month..

GarryA

4,700 posts

188 months

Thursday 18th August 2011
quotequote all
Repayment 20yrs @ 4% £60 a month for every 10k.

Shoestringracer

Original Poster:

2,105 posts

223 months

Thursday 18th August 2011
quotequote all
Ok, thanks!