Remortgage at £60,000
Use the table below to see how rate increases will affect your monthly repayments on a remortgage of £60,000 over a term of 25 years. Whilst this information is purely for illustrative purposes it shows how interest rate increases can have a big impact on both monthly repayments and your total repayment of the loan.
| Amount | Term | Rate | £ / Month | Total |
|---|---|---|---|---|
| £60,000 | 25 Years | 1.8 % | £248.51 | £74,553.34 |
| £60,000 | 25 Years | 2.8 % | £278.32 | £83,497.41 |
| £60,000 | 25 Years | 3.8 % | £310.11 | £93,034.18 |
| £60,000 | 25 Years | 4.8 % | £343.80 | £103,139.45 |
| £60,000 | 25 Years | 5.8 % | £379.28 | £113,783.65 |
| £60,000 | 25 Years | 6.8 % | £416.44 | £124,932.98 |
| £60,000 | 25 Years | 7.8 % | £455.17 | £136,550.59 |
| £60,000 | 25 Years | 8.8 % | £495.33 | £148,597.81 |
| £60,000 | 25 Years | 9.8 % | £536.78 | £161,035.27 |