£300,000 Mortgage Monthly Payments
A £300,000 mortgage is increasingly common for UK buyers, especially in the South East. Here's what your monthly payments could look like at different rates.
Calculate your exact figures
Open calculator with these valuesAt 4.5% over 25 years, monthly payments on a £300,000 mortgage are approximately £1,668. Total interest over the term would be around £200,000.
Choosing a 30-year term brings payments down to about £1,520 per month, but increases total interest to around £247,000 — an extra £47,000 for lower monthly costs.
Overpaying by £200 per month at this balance could save you approximately £45,000 in interest and clear your mortgage 5 years early. Use the calculator below to model your exact scenario.
Run Your Own Numbers
These figures are based on typical rates. Use our calculator with your actual mortgage details for precise projections.
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