From: "Tracy Ramsden" 
Newsgroups: uk.finance
Subject: Re: Bank base rate now 4.5%
Date: Fri, 11 Jun 2004 16:16:35 +0100

How could gordon brown have done anything right. we are £1 Trillion in debt
because of low interest rates and no-one under 30 can buy a house. If thats
your idea of good.....
"Doug Ramage"  wrote in message
news:2itaomFqsd6mU1@uni-berlin.de...
>
> "Andy Pandy"  wrote in
> message news:20eyc.13556$NK4.1991579@stones.force9.net...
> >
> >  wrote in message
> > news:6qmic0p6nrk94t81bah69vkjmo76ct9m4s@4ax.com...
> > > how much extra per month on a mortgage of 200,000 if interest rates go
> > > up 1.5 % ? (my sister wants to know)
> >
> > £250 a month if it's interest only.
> >
> > If it's a repayment then it'll vary according to how much of the term is
> left,
> > but it'll probably be around £175 if she's got 25 years left.
> >
> > --
> > Andy
> >
>
> An increase from 6% to 7.5% p.a. with 25 years remaining is about £189 per
> month (from £1288 to £1477) according to my Excel spreadsheet and Loan
> Calculator. :)
> --
> Doug Ramage
>
>