Mortgages - Compare mortgage rates to find the best mortgage deals currently available accross the market.
Base Rate Ready Reckoner
Article Published: 9/1/2008
With many predicting that the base rate may be cut again on Thursday we thought this might be worth keeping on your desk.
Article continues below 
MORTGAGES
| Mortgage £100K | |||||
|---|---|---|---|---|---|
| Base Rate | Reduction | Repayment | Monthly Reduction | Interest Only | Monthly Reduction |
5.50% |
N/A |
£614.09 |
N/A |
£458.33 |
N/A |
5.25% |
0.25% |
£599.25 |
£14.84 |
£437.50 |
£20.83 |
5.00% |
0.50% |
£584.59 |
£29.50 |
£416.67 |
£41.66 |
| Mortgage £150K | |||||
|---|---|---|---|---|---|
| Base Rate | Reduction | Repayment | Monthly Reduction | Interest Only | Monthly Reduction |
5.50% |
N/A |
£921.13 |
N/A |
£687.50 |
N/A |
5.25% |
0.25% |
£898.87 |
£22.26 |
£656.25 |
£31.25 |
5.00% |
0.50% |
£876.89 |
£44.24 |
£625.00 |
£62.50 |
| Mortgage £200K | |||||
|---|---|---|---|---|---|
| Base Rate | Reduction | Repayment | Monthly Reduction | Interest Only | Monthly Reduction |
5.50% |
N/A |
£1228.17 |
N/A |
£916.67 |
N/A |
5.25% |
0.25% |
£1198.50 |
£29.67 |
£875.00 |
£41.67 |
5.00% |
0.50% |
£1169.18 |
£58.99 |
£833.33 |
£83.34 |
| Mortgage £250K | |||||
|---|---|---|---|---|---|
| Base Rate | Reduction | Repayment | Monthly Reduction | Interest Only | Monthly Reduction |
5.50% |
N/A |
£1535.22 |
N/A |
£1145.83 |
N/A |
5.25% |
0.25% |
£1498.12 |
£37.10 |
£1093.75 |
£52.08 |
5.00% |
0.50% |
£1461.48 |
£73.74 |
£1041.67 |
£104.16 |
| Based upon mortgage term of 25 years |
SAVINGS
Impact of a reduction
| Interest rate | |||
|---|---|---|---|
| Savings Value | 5.50% |
5.25% |
5.00% |
£1K |
£55.00 |
£52.50 |
£50.00 |
£2.5K |
£137.50 |
£131.25 |
£125.00 |
£5K |
£275.00 |
£262.50 |
£250.00 |
£10K |
£550.00 |
£525.00 |
£500.00 |
£25K |
£1375.00 |
£1312.50 |
£1250.00 |
£50K |
£2750.00 |
£2625.00 |
£2500.00 |
£100K |
£5500.00 |
£5250.00 |
£5000.00 |
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