What if the current interest rates rise or fall?
Whilst we can’t tell you whether interest rates will rise and fall, we can help you work out how much you would be paying each month if interest rates do change. This mortgage calculator is a useful tool for those interested in trackers and discount mortgages where rates may fluctuate in line with the Bank of England base rate. This calculator will show you how your monthly payments will be affected by these changes. Simply enter your loan amount depending on the repayment method you want. Enter your current rate of interest and what you think rates may rise or fall by to calculate your new monthly payments.
