Answers · UK 2025/26

How much are mortgage repayments on a £250,000 mortgage in the UK?

A £250,000 repayment mortgage at 4.5% over 25 years costs approximately £1,390/month (£416,874 total). At 5%, monthly payments rise to about £1,461 (£438,443 total). Interest-only at 4.5% costs £938/month, but the £250,000 capital is still owed at the end.

Last updated: 10 July 2026Last reviewed: 10 July 2026How we verify

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For a £250,000 capital-and-interest repayment mortgage in the UK, monthly payments depend on rate and term. 25-year term: 4.0% £1,320/month (£395,878 total); 4.5% £1,390/month (£416,874); 5.0% £1,461/month (£438,443); 5.5% £1,535/month (£460,566); 6.0% £1,611/month (£483,226). 30-year term: 4.0% £1,194/month (£429,674); 4.5% £1,267/month (£456,017); 5.0% £1,342/month (£483,139); 6.0% £1,499/month (£539,595). Interest-only at 4.5%: £938/month, with the £250,000 capital still owed at the end. Affordability guidance typically requires gross household income of around £56,000 to £63,000 at a 4-4.5x income multiple. A 10% deposit on a £278,000 property (90% LTV) gives access to most mainstream lenders. Overpaying by even £100/month at 4.5% can save several thousand pounds in interest and shorten the term. Use the mortgage calculator to model your own rate, term and overpayments.