Mortgage rates hit a historic low for the first time in three years last month, and now the rate is sliding lower again.

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This article is no longer being updated. A new version of the mortgage calculator is available here. Mortgage interest rates have risen sharply over the past six months after years of historic lows.

Tell us your loan size, term and interest rate, and our mortgage repayment calculator will work out how much extra you may have to pay on your loan.

FALLING interest rates are a boon for mortgage holders who see their interest payments drop. The Bank of England (BoE) cut the base rate in August for the first time in four years after inflation ...