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Check your monthly payments
1
Enter the mortgage amount
Your mortgage amount should be the purchase price, minus your deposit.
For a remortgage, enter the remaining mortgage balance.
2
Enter your mortgage period
Your mortgage term should be the lowest affordable, to ensure you are paying as little interest as possible. However if you need your monthly payment to be lower, then adding to the term can help.
3
Enter your quoted interest rate
This will provide you with an approximate monthly payment for your initial term. Please note that this only takes into account your payments during your introductory rate.
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