£30,000 Mortgage Repayments (2026)
A £30,000 repayment mortgage at 5% over 25 years costs £175 a month. The table below covers rates from 3.5% to 6% and terms from 15 to 35 years.
| Rate | 15 yrs | 20 yrs | 25 yrs | 30 yrs | 35 yrs |
|---|---|---|---|---|---|
| 3.5% | £214 | £174 | £150 | £135 | £124 |
| 4% | £222 | £182 | £158 | £143 | £133 |
| 4.5% | £229 | £190 | £167 | £152 | £142 |
| 5% | £237 | £198 | £175 | £161 | £151 |
| 5.5% | £245 | £206 | £184 | £170 | £161 |
| 6% | £253 | £215 | £193 | £180 | £171 |
Different amount or rate? Use the mortgage repayment calculator.
How it's worked out
Figures use the standard repayment-mortgage formula (capital and interest, equal monthly payments): payment = loan × monthly rate ÷ (1 − (1 + monthly rate)−months). They assume the rate stays the same for the whole term — in practice you'll re-fix every few years. Product fees, valuation fees and overpayments are not included.
FAQ
What are the monthly repayments on a £30,000 mortgage?
At a 5% interest rate over 25 years, a £30,000 repayment mortgage costs £175 a month — £52,613 repaid in total over the term. At 4% the same mortgage is £158 a month, and stretching to 30 years at 5% lowers the payment to £161.
How does the term length change the cost?
Longer terms cut the monthly payment but increase the total interest dramatically. On £30,000 at 5%, a 15-year term costs £237 a month (£42,703 total), while a 35-year term costs £151 a month but £63,591 in total — the longer term repays far more interest for the same loan.
Are these figures exact quotes?
No — they are standard repayment-mortgage arithmetic (capital and interest, fixed rate for the whole term) to help you budget. A real offer depends on your deal period, fees, loan-to-value and credit profile, and rates change when a fixed deal ends. Interest-only mortgages cost less per month but repay none of the capital.