HC Deb 23 November 1979 vol 974 c388W
Mr. John Evans

asked the Secretary of State for the Environment what would be the monthly mortgage payments of a council house tenant who purchased his council house with a 75 per cent., 80 per cent., 85 per cent., 90 per cent., 95 per cent., or 100 per cent. mortgage at 13 per cent. per annum, repayable over 20 years if the cost of the house was £5,000, £6,000, £7,000, £8,000, £9,000 or £10,000, respectively.

Mr. Geoffrey Finsberg

Gross monthly payments on annuity mortgages can be calculated using a set of standard annuity tables, such as the "Mortgage Repayment Tables", published by the Building Societies Association.