What this assumes
A repayment mortgage at one rate
The illustration holds the selected rate for the full term. Change the rate and years above to compare monthly payment, total interest and total repaid.
£400k mortgage
Monthly repayments on a £400k mortgage
30-year repayment
£400,000 at 4.89% · £363,371 total interest
Rate sensitivityOne point adds £250 a month
Check a home with this mortgage 4.89% compared with 5.89% across the selected term.
Illustrative only. Lenders assess income, spending, credit and property differently. Assumptions and sources.