Answers · UK 2025/26
How much are mortgage repayments on a £150,000 mortgage in the UK?
A £150,000 repayment mortgage at 4.5% over 25 years costs approximately £834/month (£250,125 total). At 5%, monthly payments rise to about £877 (£263,066 total). Interest-only at 4.5% costs £563/month, but the £150,000 capital is still owed at the end.
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For a £150,000 capital-and-interest repayment mortgage in the UK, monthly payments depend on rate and term. 25-year term: 4.0% £792/month (£237,527 total); 4.5% £834/month (£250,125); 5.0% £877/month (£263,066); 5.5% £921/month (£276,339); 6.0% £966/month (£289,936). 30-year term: 4.0% £716/month (£257,804); 4.5% £760/month (£273,610); 5.0% £805/month (£289,884); 6.0% £899/month (£323,757) -- lower monthly but more total interest. Interest-only at 4.5%: £563/month, but the full £150,000 capital is owed at the end of the term. A £150,000 mortgage typically needs gross household income of roughly £33,000 to £38,000 under standard 4-4.5x income multiple affordability rules, though lenders also stress-test at a higher notional rate. A 10% deposit on a £167,000 house (90% LTV) opens up most lenders' best rates. Use the mortgage calculator to compare rates and terms against your own deposit and income.
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This answer is informational only and does not constitute financial, tax or legal advice. Figures are for the 2025/26 UK tax year. See our methodology and sources.