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pagaman

Reverse Morgage Calc

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I've just seen a property on the market for

170K.

Same property is up for rent for £775pcm.

What do you think this guys morgage is assuming hes got no deposit?

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Say he has £160k mortgage IO at 4.5% the costs would be about £600 per month.

Not much of a yield though given expenses and unseen costs!

...and likely to go up with interest rate increases.

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Say he has £160k mortgage IO at 4.5% the costs would be about £600 per month.

Not much of a yield though given expenses and unseen costs!

...and likely to go up with interest rate increases.

If you assume he's used 10k deposit, you have to calculate the cost to him of the lost interst, say £30/month

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  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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