Repayments on a £250,000 home loan — United Kingdom

At 5% over 30 years:

• Monthly repayment: £1,342
• Total interest: £233,139
• Total repaid: £483,139
• Paying £200 extra a month saves: £65,736 and 7 years

Frequently asked questions

What are the repayments on a £250,000 mortgage?

At 5% over 30 years, about £1,342 a month. Over the full term you would pay roughly £233,139 in interest on top of the £250,000 borrowed.

How much interest do you pay on a £250,000 loan?

About £233,139 over 30 years at 5% — bringing the total repaid to around £483,139.

What if I pay a bit extra each month?

Adding £200 a month would save about £65,736 in interest and clear the loan roughly 7 years earlier.

See interest-only repayments on the same loan

Estimate only. Assumes a fixed rate and no fees; lenders accrue interest daily and may charge account or discharge fees. Not financial advice.