Remortgage at £240,000
Use the table below to see how rate increases will affect your monthly repayments on a remortgage of £240,000 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 |
|---|---|---|---|---|
| £240,000 | 25 Years | 1.8 % | £994.04 | £298,213.35 |
| £240,000 | 25 Years | 2.8 % | £1,113.30 | £333,989.64 |
| £240,000 | 25 Years | 3.8 % | £1,240.46 | £372,136.72 |
| £240,000 | 25 Years | 4.8 % | £1,375.19 | £412,557.81 |
| £240,000 | 25 Years | 5.8 % | £1,517.12 | £455,134.62 |
| £240,000 | 25 Years | 6.8 % | £1,665.77 | £499,731.91 |
| £240,000 | 25 Years | 7.8 % | £1,820.67 | £546,202.35 |
| £240,000 | 25 Years | 8.8 % | £1,981.30 | £594,391.25 |
| £240,000 | 25 Years | 9.8 % | £2,147.14 | £644,141.08 |