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Using Natwest Mortgage Calculator

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If you want to get the information about Natwest Mortgage Calculator then this article will help you. You can calculate about your mortgage repayment at Natwest.com. Nat west stands for National Westminster Bank Plc. Natwest is the part of Royal Bank of Scotland Group Plc. The merger of National Provincial Bank and Westminster Bank established Natwest in 1968.

Natwest Mortgage Calculator - Natwest.com Mortgage Repayment Calculator

Natwest has 1600 branches and 3,400 cash machines across Great Britain and it offers 24-hour Actionline telephone and online banking services. It also has more than 7.5 million personal customers and 850,000 small business accounts. It gives financial services to their customers.

They provide all services of banking, loans, mortgages, credit cards, and lots of more. In mortgage service, they give the help for re-mortgage, first time buyers, existing customers, and home movers. They provide fixed rate mortgages, variable rate mortgages, and flexible mortgages.

How to use Natwest Mortgage Calculator?

If you want to calculate your mortgages, then visit this site www.natwest.com. Click on “mortgage” option which is given in the personal banking. After getting the mortgage page, see the option of calculators on the right side of page. There are two options given about calculator “Repayment calculator” and “How much can I borrow?”

If you want to know about your mortgage repayment then click on” Repayment calculator” Get the page of repayment calculation enter the information and click on calculate button. The example is given below:

Example: If you are buying new home then click on the A new customer buying a home? If your mortgage amount is 250000, length of mortgage is 10 years; you want to buy through variable type then click on calculate. On the next page, you can choose capital interest, or initial deal period. When you enter the above information in “Repayment calculator” then you will get the following answer:

  Monthly repayments Rate Tracks NatWest
Bank Base Rate
Until

Follow-on Rate (variable)

Overall cost
for comparison
Min
deposit
Product
fee
2 year tracker
Available to: Advantage Private and Advantage Business customers
£602.08
2.89% +2.39% 29/02/2012 4% 4.0% APR 20% £999
2 year tracker: No Early Repayment Charge
Available to: Advantage Private and Advantage Business customers
£602.08 2.89% +2.39% 29/02/2012 4% 4.1% APR 20% £1,499
2 year tracker
Available to: Private, Business and Advantage Gold customers
£612.50
2.94% +2.44% 29/02/2012 4% 4.0% APR 20% £999
2 year tracker £622.92 2.99% +2.49% 29/02/2012   4.1% APR 20% £999
2 year tracker- First Time Buyer Exclusive
Available to: Private, Business, Advantage Private, Advantage Business and Advantage Gold customers
£966.67 4.64% +4.14% 29/02/2012 4% 4.3% APR 10% £0
2 year tracker- First Time Buyer Exclusive £977.08 4.69% +4.19% 29/02/2012 4% 4.3% APR 10% £0

If you want to calculate how much you can borrow, then click on “How much can I borrow?” On this page, there are two options given “How much can I borrow?” and “budgeting calculator.” Choose the option of budgeting calculator and enter the information to calculate the value.

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