How much is a £250,000 mortgage per month?
A £250,000 mortgage over 25 years at 5% costs £1,461 per month. Across the full term you repay £438,443, of which around £188,443 is interest.
How this is calculated
- ·25-year term
- ·5% annual interest rate
- ·Repayment mortgage
- ·Rate held constant for illustration
£250,000 monthly payment by rate (25-year term)
| Interest rate | Monthly payment |
|---|---|
| 4% | £1,320 |
| 5% | £1,461 |
| 6% | £1,611 |
| 7% | £1,767 |
Monthly payment by rate
Frequently Asked Questions
What salary do I need for a £250,000 mortgage?
At 4.5× income, roughly £56,000 combined. Lenders also assess outgoings and credit history, not just the income multiple.
How much deposit for a £250,000 mortgage?
£250,000 is close to the UK average house price, so a 10% deposit typically means around £27,000–£28,000 depending on the property price.
How much interest will I pay?
About £188,443 over 25 years at 5% — the exact figure depends on your actual rate and any overpayments.
The Calculator App Editorial Team · 25+ Years UK Financial Services
Official Sources
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The Calculator App Editorial Team · 25+ Years UK Financial Services
Important Information
This calculator is for informational purposes only and does not constitute financial advice or a personal recommendation.
Results are estimates based on the information you provide and may not reflect your actual financial position.
You should consider seeking independent professional advice tailored to your specific circumstances before making any financial decision.