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The number of second homes has reached a record high as a combination of a weak pound and the rising popularity of "staycations" pushes home owners to buy in Britain instead o
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Use our mortgage calculator to find out just how much that mortgage will cost.
Your Loan
Mortgage Required
(no commas)
£
Repayment Period
(no commas)
years
Interest Rate
(enter 5% as 5)
%
Your Repayments
Monthly Repayment
(no commas)
£
(Interest only)
£
At 10% it would be:
£
(Interest only)
£
The results
The Monthly Repayment figure is the total monthly payment for a straight forward repayment mortgage, including both interest and payment towards the loan amount.
The Interest Only figure shows the amount of interest payment only.
Anyone opting for an interest-only mortgage the cost of the monthly premiums of the policy must be added to the interest figure above.
These figures are only a guide and BuzzProperties is not responsible for the accuracy of the results. Please obtain exact figures from a specific lender before committing to any mortgage.
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