To see how rate changes could affect you use the Interest rate calculator below. You should note that rates are currently (when compared to most of the past 25 years ) low. If rates of 10-12% within the next few years would be unaffordable then be very careful.

Calculator Notes
It does not include any element of capital repayment or insurance and these aspects will mean that the total cost any real mortgage will be higher.

This calculator, and the figures shown by it, are for illustrative purposes only and should not be relied on. For more detailed information based on your own circumstances, please speak to your financial adviser.

Your home may be repossessed if you do not keep up repayments on your mortgage.