Mortgages

LIBOR Related Mortgages

What is a LIBOR related mortgage?
LIBOR is the London InterBank Offered Rate – essentially the rate at which one bank lends to another. It is a good indicator as to the short term value of money. Some lenders offer mortgages linked to the LIBOR interest rate (known as LIBOR related mortgages), but this is more normally commercial properties and not residential properties.

Mortgage Calculator
Mortgage Amount - £
Interest Rate - %
Term - Years
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Monthly Amount

£753.68

Monthly Payments

300

Total Interest Payable

£58,102.83
Information provided on this site is not intended as mortgage advice.