Mortgage question

dal

dal

Associate
Joined
10 Sep 2005
Posts
909
Location
Lincolnshire
Hi all,

Got a question regarding a capital repayment mortgage :

I am borrowing 60 K at 2.7% ( I think) over 21 years.

How much of the capital would I have paid off in 5 years,10 years and 15 years.

Any help much appreciated

If you can post a link of a calculator or tell me how this is worked out that would be helpful.
 
I'm assuming that at that amount with that rate and length you aren't taking out your first mortgage.

How did you get that rate? Did you need to pay an exorbitant set-up fee?
 
I'm assuming that at that amount with that rate and length you aren't taking out your first mortgage.

How did you get that rate? Did you need to pay an exorbitant set-up fee?

Ive got large deposit ( over 50%) so got a choice from plenty of lenders, set up fee is £275 iirc
 
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