Interest rates: How the rise affects you and your money

Date:

An average two-year fixed deal, which was 2.29% in November 2021, is now 5.28% – potentially a difference of hundreds of pounds each month in repayments for a typical borrower. However, rates are lower than their peak in the autumn, which would have been the most expensive time to take out a fixed deal.

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If not, enter the total you are looking to borrow.\\u003c/div>\\n \\u003c/div>\\n \\u003c/div>\\n \\n \\u003cdiv class=\\\”input__container \\\”>\\n \\u003cinput id=\\\”form_input_1\\\”\\n name=\\\”form_input_1\\\” \\n type=\\\”number\\\”\\n value=\\\”160000\\\”\\n min=\\\”0\\\” \\n max=\\\”10000000\\\”\\n data-default=\\\”160000\\\”\\n step=\\\”any\\\”\\n required=\\\”required\\\”\\n >\\n \\n \\u003cdiv class=\\\”input__btn-container\\\”>\\n \\u003cbutton class=\\\”input__btn-increment\\\” data-direction=\\\”increment\\\” data-key=\\\”form_input_1\\\” aria-label=\\\”increase £\\\”>\\u003c/button>\\n \\u003cbutton class=\\\”input__btn-decrement\\\” data-direction=\\\”decrement\\\” data-key=\\\”form_input_1\\\” aria-label=\\\”decrease £\\\”>\\u003c/button>\\n \\u003c/div>\\n \\u003cspan class=\\\”input__number-format\\\” aria-hidden=\\\”true\\\”>£\\u003c/span>\\n \\u003c/div>\\n \\u003cdiv class=\\\”label__container\\\”>\\n \\u003clabel class=\\\”label__input \\\” for=\\\”form_input_2\\\”>How long will you take to pay it back?\\u003c/label>\\n \\u003cbutton class=\\\”label__info-btn\\\” data-id=\\\”info-button-2\\\” aria-label=\\\”More info on repayment periods\\\”>\\u003c/button>\\n \\u003cdiv class=\\\”info-box info-button-2\\\”>\\n \\u003cdiv class=\\\”info-box__text info-button-2\\\”>If you have an existing mortgage enter the total number of years remaining. If not, enter the total number of years you are looking to borrow over.\\u003c/div>\\n \\u003c/div>\\n \\u003c/div>\\n \\n \\u003cdiv class=\\\”input__container \\\”>\\n \\u003cinput id=\\\”form_input_2\\\”\\n name=\\\”form_input_2\\\” \\n type=\\\”number\\\”\\n value=\\\”20\\\”\\n min=\\\”1\\\” \\n max=\\\”50\\\”\\n data-default=\\\”20\\\”\\n step=\\\”any\\\”\\n required=\\\”required\\\”\\n >\\n \\n \\u003cdiv class=\\\”input__btn-container\\\”>\\n \\u003cbutton class=\\\”input__btn-increment\\\” data-direction=\\\”increment\\\” data-key=\\\”form_input_2\\\” aria-label=\\\”increase years\\\”>\\u003c/button>\\n \\u003cbutton class=\\\”input__btn-decrement\\\” data-direction=\\\”decrement\\\” data-key=\\\”form_input_2\\\” aria-label=\\\”decrease years\\\”>\\u003c/button>\\n \\u003c/div>\\n \\u003cspan class=\\\”input__number-format\\\” aria-hidden=\\\”true\\\”>years\\u003c/span>\\n \\u003c/div>\\n \\u003cdiv class=\\\”radio__container\\\”>\\n \\u003cfieldset>\\n \\u003cdiv class=\\\”label__container\\\”>\\n \\u003clegend class=\\\”label__input\\\”>What is your current…\\u003c/legend>\\n \\u003cbutton class=\\\”label__info-btn\\\” data-id=\\\”info-button-3\\\” aria-label=\\\”More info on interest rates\\\”>\\u003c/button>\\n \\u003cdiv class=\\\”info-box info-button-3\\\”>\\n \\u003cdiv class=\\\”info-box__text\\\”>For those with a mortgage enter the rate for your current fixed term. For those without a mortgage enter an interest rate from another source, such as a bank’s mortgage rate calculator.\\u003c/div>\\n \\u003c/div>\\n \\u003c/div>\\n \\u003cdiv class=\\\”radio__group\\\”>\\n \\u003cdiv class=\\\”input-container\\\”>\\n \\u003cinput class=\\\”radio-input\\\” type=\\\”radio\\\” id=\\\”interest\\\” name=\\\”format-selector\\\” value=\\\”interest\\\” checked=\\\”true\\\”>\\n \\u003clabel for=\\\”interest\\\”>interest rate\\u003c/label>\\n \\u003c/div>\\n \\u003cdiv class=\\\”input-container\\\”>\\n \\u003cinput class=\\\”radio-input\\\” type=\\\”radio\\\” id=\\\”monthly\\\” name=\\\”format-selector\\\” value=\\\”monthly\\\”>\\n \\u003clabel for=\\\”monthly\\\”>monthly payment\\u003c/label>\\n \\u003c/div>\\n \\u003c/div>\\n \\u003c/fieldset>\\n \\n \\u003cdiv class=\\\”label__container\\\”>\\n \\u003clabel class=\\\”label__input off-screen\\\” for=\\\”form_radio_input_1\\\”>interest rate\\u003c/label>\\n \\u003c/div>\\n \\n \\u003cdiv class=\\\”input__container input__container–radio\\\”>\\n \\u003cinput id=\\\”form_radio_input_1\\\”\\n name=\\\”form_radio_input_1\\\” \\n type=\\\”number\\\”\\n value=\\\”2.00\\\”\\n min=\\\”0.50\\\” \\n max=\\\”10.50\\\”\\n data-default=\\\”2.00\\\”\\n step=\\\”any\\\”\\n required=\\\”required\\\”\\n >\\n \\n \\u003cdiv class=\\\”input__btn-container\\\”>\\n \\u003cbutton class=\\\”input__btn-increment\\\” data-direction=\\\”increment\\\” data-key=\\\”form_radio_input_1\\\” aria-label=\\\”increase %\\\”>\\u003c/button>\\n \\u003cbutton class=\\\”input__btn-decrement\\\” data-direction=\\\”decrement\\\” data-key=\\\”form_radio_input_1\\\” aria-label=\\\”decrease %\\\”>\\u003c/button>\\n \\u003c/div>\\n \\u003cspan class=\\\”input__number-format\\\” aria-hidden=\\\”true\\\”>%\\u003c/span>\\n \\u003c/div>\\n \\u003c/div>\\n \\u003cdiv class=\\\”label__container\\\”>\\n \\u003clabel class=\\\”label__input \\\” for=\\\”form_input_3\\\”>Choose an interest rate to compare with…\\u003c/label>\\n \\u003c/div>\\n \\n \\u003cdiv class=\\\”input__container \\\”>\\n \\u003cinput id=\\\”form_input_3\\\”\\n name=\\\”form_input_3\\\” \\n type=\\\”number\\\”\\n value=\\\”5.00\\\”\\n min=\\\”0.10\\\” \\n max=\\\”100.00\\\”\\n data-default=\\\”5.00\\\”\\n step=\\\”any\\\”\\n required=\\\”required\\\”\\n >\\n \\n \\u003cdiv class=\\\”input__btn-container\\\”>\\n \\u003cbutton class=\\\”input__btn-increment\\\” data-direction=\\\”increment\\\” data-key=\\\”form_input_3\\\” aria-label=\\\”increase %\\\”>\\u003c/button>\\n \\u003cbutton class=\\\”input__btn-decrement\\\” data-direction=\\\”decrement\\\” data-key=\\\”form_input_3\\\” aria-label=\\\”decrease %\\\”>\\u003c/button>\\n \\u003c/div>\\n \\u003cspan class=\\\”input__number-format\\\” aria-hidden=\\\”true\\\”>%\\u003c/span>\\n \\u003c/div>\\n \\u003cinput class=\\\”submit-btn\\\” type=\\\”submit\\\” value=\\\”Calculate\\\” />\\n \\u003c/form>\\n \\u003cdiv class=\\\”results__container–figures\\\” aria-hidden=\\\”true\\\”>\\n \\u003cdiv class=\\\”width-restrict\\\”>\\n \\u003cp class=\\\”results__para\\\”>At this rate, your payments could change by…\\u003c/p>\\n \\u003cdiv class=\\\”results__figures\\\”>\\n \\u003cp class=\\\”results__figure results__figure–monthly-increase\\\”>\\u003cspan class=\\\”figure\\\”>\\u003c/span>\\n monthly change\\u003c/p>\\n \\u003cp class=\\\”results__figure–to\\\”>to\\u003c/p>\\n \\u003cp class=\\\”results__figure results__figure–monthly-total\\\”>\\u003cspan class=\\\”figure\\\”>\\u003c/span>\\n monthly total\\u003c/p>\\n \\u003c/div>\\n \\u003c/div>\\n \\u003c/div>\\n \\u003cp class=\\\”results–off-screen off-screen\\\”>\\u003c/p>\\n \\u003cdiv class=\\\”results__container–repayment-estimate\\\”>\\n \\u003cp class=\\\”results__estimate width-restrict\\\”>\\u003c/p>\\n \\u003c/div>\\n \\u003cdiv class=\\\”results__container–error\\\”>\\n \\u003cp class=\\\”results__error\\\”>The information you provided on your monthly payments would not be sufficient to pay off your mortgage within the number of years given.\\u003c/p>\\n \\u003c/div>\\n \\u003cdiv class=\\\”disclaimer\\\”>\\n \\u003cp class=\\\”disclaimer-para\\\”>This calculator does not constitute financial advice. It is based on a standard mortgage repayment formula based on the mortgage size and length and a fixed interest rate. It should be used as a guide only and does not represent the suitability, eligibility or availability of mortgage offers for users. 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The deals being offered now are better than anything seen for years.\”,\”blocks\”:[{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”Individual banks and building societies usually pass on interest rate rises to customers. The deals being offered now are \”,\”attributes\”:[]}},{\”type\”:\”urlLink\”,\”model\”:{\”text\”:\”better than anything seen for years\”,\”locator\”:\”https://www.bbc.co.uk/news/business-64399663\”,\”blocks\”:[{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”better than anything seen for years\”,\”attributes\”:[]}}]}},{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”.\”,\”attributes\”:[]}}]}}]}},{\”type\”:\”text\”,\”model\”:{\”blocks\”:[{\”type\”:\”paragraph\”,\”model\”:{\”text\”:\”Analysts say that people should shop around for a better savings rate, with many paid little or nothing in interest in many accounts. 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Major banks have been under pressure from MPs to pass on rate rises.\”,\”attributes\”:[]}}]}}]}},{\”type\”:\”text\”,\”model\”:{\”blocks\”:[{\”type\”:\”paragraph\”,\”model\”:{\”text\”:\”But although this means savers get a higher return on their money, interest rates are not keeping up with rising prices. \”,\”blocks\”:[{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”But although this means savers get a higher return on their money, interest rates are not keeping up with rising prices. \”,\”attributes\”:[]}}]}}]}},{\”type\”:\”text\”,\”model\”:{\”blocks\”:[{\”type\”:\”paragraph\”,\”model\”:{\”text\”:\”This means the value of cash savings – its buying power – is falling in real terms. \”,\”blocks\”:[{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”This means the value of cash savings – its buying power – is falling in real terms. \”,\”attributes\”:[]}}]}}]}},{\”type\”:\”subheadline\”,\”model\”:{\”blocks\”:[{\”type\”:\”text\”,\”model\”:{\”blocks\”:[{\”type\”:\”paragraph\”,\”model\”:{\”text\”:\”Why does increasing interest rates help lower inflation?\”,\”blocks\”:[{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”Why does increasing interest rates help lower inflation?\”,\”attributes\”:[]}}]}}]}}],\”level\”:2,\”fontScale\”:\”headlineSmall\”,\”id\”:\”Why-does-increasing-interest-rates-help-lower-inflation\”,\”isFocusable\”:true}},{\”type\”:\”text\”,\”model\”:{\”blocks\”:[{\”type\”:\”paragraph\”,\”model\”:{\”text\”:\”The Bank has been putting rates up to combat rising prices – known as inflation.\”,\”blocks\”:[{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”The Bank has been putting rates up to combat \”,\”attributes\”:[]}},{\”type\”:\”urlLink\”,\”model\”:{\”text\”:\”rising prices – known as inflation\”,\”locator\”:\”https://www.bbc.co.uk/news/business-12196322\”,\”blocks\”:[{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”rising prices – known as inflation\”,\”attributes\”:[]}}]}},{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”.\”,\”attributes\”:[]}}]}}]}},{\”type\”:\”text\”,\”model\”:{\”blocks\”:[{\”type\”:\”paragraph\”,\”model\”:{\”text\”:\”Prices have been going up quickly worldwide, as Covid restrictions eased and consumers spent more. \”,\”blocks\”:[{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”Prices have been going up quickly worldwide, as Covid restrictions eased and consumers spent more. \”,\”attributes\”:[]}}]}}]}},{\”type\”:\”text\”,\”model\”:{\”blocks\”:[{\”type\”:\”paragraph\”,\”model\”:{\”text\”:\”Many firms have experienced problems getting enough goods to sell. There have been problems in the UK recently with shortages of fresh food. And with more buyers chasing too few goods, prices have increased. \”,\”blocks\”:[{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”Many firms have experienced problems getting enough goods to sell. There have been problems in the UK recently with shortages of fresh food. And with more buyers chasing too few goods, prices have increased. \”,\”attributes\”:[]}}]}}]}},{\”type\”:\”text\”,\”model\”:{\”blocks\”:[{\”type\”:\”paragraph\”,\”model\”:{\”text\”:\”Oil and gas costs were higher than they had been – a problem made worse by Russia’s invasion of Ukraine. \”,\”blocks\”:[{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”Oil and gas costs were higher than they had been – a problem made worse by Russia’s invasion of Ukraine. \”,\”attributes\”:[]}}]}}]}},{\”type\”:\”text\”,\”model\”:{\”blocks\”:[{\”type\”:\”paragraph\”,\”model\”:{\”text\”:\”Raising interest rates helps to control inflation by making it more expensive to borrow money. This encourages people to borrow less and spend less, and to save more. \”,\”blocks\”:[{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”Raising interest rates helps to control inflation by making it more expensive to borrow money. This encourages people to borrow less and spend less, and to save more. \”,\”attributes\”:[]}}]}}]}},{\”type\”:\”text\”,\”model\”:{\”blocks\”:[{\”type\”:\”paragraph\”,\”model\”:{\”text\”:\”However, it is a tough balancing act as the Bank does not want to slow the economy too much. \”,\”blocks\”:[{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”However, it is a tough balancing act as the Bank does not want to slow the economy too much. \”,\”attributes\”:[]}}]}}]}},{\”type\”:\”text\”,\”model\”:{\”blocks\”:[{\”type\”:\”paragraph\”,\”model\”:{\”text\”:\”Since the global financial crisis of 2008, UK interest rates have been at historically low levels. Rates were at 0.1% in 2021.\”,\”blocks\”:[{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”Since the global financial crisis of 2008, UK interest rates have been at historically low levels. Rates were at 0.1% in 2021.\”,\”attributes\”:[]}}]}}]}},{\”type\”:\”subheadline\”,\”model\”:{\”blocks\”:[{\”type\”:\”text\”,\”model\”:{\”blocks\”:[{\”type\”:\”paragraph\”,\”model\”:{\”text\”:\”Are other countries raising their interest rates?\”,\”blocks\”:[{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”Are other countries raising their interest rates?\”,\”attributes\”:[]}}]}}]}}],\”level\”:2,\”fontScale\”:\”headlineSmall\”,\”id\”:\”Are-other-countries-raising-their-interest-rates\”,\”isFocusable\”:true}},{\”type\”:\”text\”,\”model\”:{\”blocks\”:[{\”type\”:\”paragraph\”,\”model\”:{\”text\”:\”The UK is affected by prices rising across the globe. So there is a limit as to how effective UK interest rate rises will be.\”,\”blocks\”:[{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”The UK is affected by prices rising across the globe. So there is a limit as to how effective UK interest rate rises will be.\”,\”attributes\”:[]}}]}}]}},{\”type\”:\”text\”,\”model\”:{\”blocks\”:[{\”type\”:\”paragraph\”,\”model\”:{\”text\”:\”However, other countries are taking a similar approach, and have also been raising interest rates.\”,\”blocks\”:[{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”However, other countries are taking a similar approach, and have also been raising interest rates.\”,\”attributes\”:[]}}]}}]}},{\”type\”:\”image\”,\”model\”:{\”image\”:{\”alt\”:\”International interest rate graphic\”,\”copyright\”:null,\”height\”:800,\”width\”:1024,\”src\”:\”https://ichef.bbci.co.uk/news/1024/cpsprodpb/B2B5/production/_129694754_microsoftteams-image-2.png\”,\”srcSet\”:\”https://ichef.bbci.co.uk/news/240/cpsprodpb/B2B5/production/_129694754_microsoftteams-image-2.png.webp 240w, https://ichef.bbci.co.uk/news/320/cpsprodpb/B2B5/production/_129694754_microsoftteams-image-2.png.webp 320w, https://ichef.bbci.co.uk/news/480/cpsprodpb/B2B5/production/_129694754_microsoftteams-image-2.png.webp 480w, https://ichef.bbci.co.uk/news/624/cpsprodpb/B2B5/production/_129694754_microsoftteams-image-2.png.webp 624w, https://ichef.bbci.co.uk/news/800/cpsprodpb/B2B5/production/_129694754_microsoftteams-image-2.png.webp 800w, https://ichef.bbci.co.uk/news/976/cpsprodpb/B2B5/production/_129694754_microsoftteams-image-2.png.webp 976w\”,\”mimeType\”:\”image/webp\”,\”fallbackSrcSets\”:[{\”mimeType\”:\”image/png\”,\”srcSet\”:\”https://ichef.bbci.co.uk/news/240/cpsprodpb/B2B5/production/_129694754_microsoftteams-image-2.png 240w, https://ichef.bbci.co.uk/news/320/cpsprodpb/B2B5/production/_129694754_microsoftteams-image-2.png 320w, https://ichef.bbci.co.uk/news/480/cpsprodpb/B2B5/production/_129694754_microsoftteams-image-2.png 480w, https://ichef.bbci.co.uk/news/624/cpsprodpb/B2B5/production/_129694754_microsoftteams-image-2.png 624w, https://ichef.bbci.co.uk/news/800/cpsprodpb/B2B5/production/_129694754_microsoftteams-image-2.png 800w, https://ichef.bbci.co.uk/news/976/cpsprodpb/B2B5/production/_129694754_microsoftteams-image-2.png 976w\”}]}}},{\”type\”:\”text\”,\”model\”:{\”blocks\”:[{\”type\”:\”paragraph\”,\”model\”:{\”text\”:\”The US central bank has announced big rate rises which have taken its key rate to levels not seen for 16 years. 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borrowing\\\”,\\\”form_format_1\\\”:\\\”£\\\”,\\\”form_default_1\\\”:\\\”160000\\\”,\\\”form_placeholder_1\\\”:\\\”160,000\\\”,\\\”form_step_1\\\”:\\\”1000\\\”,\\\”form_min_1\\\”:\\\”0\\\”,\\\”form_max_1\\\”:\\\”10000000\\\”,\\\”form_input_2\\\”:\\\”How long will you take to pay it back?\\\”,\\\”info_button_aria_label_2\\\”:\\\”More info on repayment periods\\\”,\\\”form_format_2\\\”:\\\”years\\\”,\\\”form_default_2\\\”:\\\”20\\\”,\\\”form_placeholder_2\\\”:\\\”20\\\”,\\\”form_step_2\\\”:\\\”1\\\”,\\\”form_min_2\\\”:\\\”1\\\”,\\\”form_max_2\\\”:\\\”50\\\”,\\\”form_input_begin_radio\\\”:\\\”ignore\\\”,\\\”form_radio_label\\\”:\\\”What is your current…\\\”,\\\”info_button_aria_label_3\\\”:\\\”More info on interest rates\\\”,\\\”form_radio_input_1\\\”:\\\”interest 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again\\\”,\\\”form_label_increase\\\”:\\\”increase\\\”,\\\”form_label_decrease\\\”:\\\”decrease\\\”,\\\”form_result__compare-results\\\”:\\\”At this rate, your payments could change by…\\\”,\\\”form_result__increase\\\”:\\\”monthly change\\\”,\\\”form_result__to\\\”:\\\”to\\\”,\\\”form_result__total\\\”:\\\”monthly total\\\”,\\\”form_result__monthly-estimate–repayment\\\”:\\\”We estimate your monthly repayments are £{{estimates-value}}.\\\”,\\\”form_result__monthly-estimate–interest\\\”:\\\”We estimate your interest rate is {{estimates-value}}%.\\\”,\\\”form_result__calculation-error\\\”:\\\”The information you provided on your monthly payments would not be sufficient to pay off your mortgage within the number of years given.\\\”,\\\”form_result__offscreen\\\”:\\\”At this rate, your monthly payments could change by {{var1}} pounds. This would be a monthly total of {{var2}} pounds.\\\”,\\\”info_input_1\\\”:\\\”If you have an existing mortgage enter the outstanding balance left to pay. If not, enter the total you are looking to borrow.\\\”,\\\”info_input_2\\\”:\\\”If you have an existing mortgage enter the total number of years remaining. If not, enter the total number of years you are looking to borrow over.\\\”,\\\”info_radio_interest\\\”:\\\”For those with a mortgage enter the rate for your current fixed term. For those without a mortgage enter an interest rate from another source, such as a bank’s mortgage rate calculator.\\\”,\\\”info_radio_monthly\\\”:\\\”For those with a mortgage enter the amount you pay for per month. For those without a mortgage enter the amount you would be paying.\\\”,\\\”disclaimer_1\\\”:\\\”This calculator does not constitute financial advice. It is based on a standard mortgage repayment formula based on the mortgage size and length and a fixed interest rate. It should be used as a guide only and does not represent the suitability, eligibility or availability of mortgage offers for users. For exact figures, users will need to approach an official mortgage lender.\\\”,\\\”disclaimer_2\\\”:\\\”Interest rates fluctuate based on the Bank of England’s base rate and market conditions.\\\”},\\\”outputs\\\”:[{\\\”wrapper\\\”:\\\”embed\\\”},{\\\”wrapper\\\”:\\\”core\\\”},{\\\”wrapper\\\”:\\\”envelope\\\”},{\\\”wrapper\\\”:\\\”amp\\\”},{\\\”wrapper\\\”:\\\”news-app\\\”},{\\\”wrapper\\\”:\\\”syndication\\\”,\\\”photoCaption\\\”:\\\”\\\”,\\\”photoURL\\\”:\\\”\\\”,\\\”hyperlinkCallToAction\\\”:\\\”Click here to see the BBC interactive\\\”},{\\\”wrapper\\\”:\\\”facebook\\\”,\\\”height\\\”:960,\\\”withMargins\\\”:\\\”yes\\\”},{\\\”wrapper\\\”:\\\”applenews\\\”,\\\”photoCaption\\\”:\\\”\\\”,\\\”photoURL\\\”:\\\”\\\”,\\\”hyperlinkCallToAction\\\”:\\\”Click or tap here to see interactive content\\\”}],\\\”usesAppJs\\\”:true,\\\”autoFixLintingErrors\\\”:false,\\\”polyfill\\\”:false,\\\”dynamicImports\\\”:true,\\\”dynamicPolyfills\\\”:[\\\”core-js/modules/es.promise\\\”,\\\”core-js/modules/es.array.iterator\\\”,\\\”core-js/modules/es.array.filter\\\”,\\\”core-js/modules/es.array.from\\\”,\\\”core-js/modules/es.array.map\\\”,\\\”core-js/modules/es.array.reduce\\\”,\\\”core-js/modules/es.object.assign\\\”,\\\”core-js/modules/es.object.entries\\\”,\\\”core-js/modules/es.object.from-entries\\\”,\\\”core-js/modules/es.object.keys\\\”,\\\”core-js/modules/es.object.values\\\”],\\\”reactProject\\\”:false,\\\”failFast\\\”:false,\\\”includePath\\\”:{\\\”responsive\\\”:true,\\\”newsapps\\\”:true,\\\”app-image\\\”:\\\”https://news.files.bbci.co.uk/include/vjassets/img/app-launcher.png\\\”,\\\”app-clickable\\\”:true,\\\”amp-clickable\\\”:true,\\\”amp-image-height\\\”:360,\\\”amp-image-width\\\”:640,\\\”amp-image\\\”:\\\”https://news.files.bbci.co.uk/include/vjassets/img/app-launcher.png\\\”,\\\”app-image-alt-text\\\”:\\\”Click or tap here to see interactive content\\\”},\\\”languages\\\”:[\\\”english\\\”],\\\”destinationSection\\\”:{\\\”english\\\”:\\\”uk\\\”},\\\”uncompressedAppBudget\\\”:\\\”(1024 * 1000) * 0.5\\\”,\\\”meta\\\”:{\\\”title\\\”:{\\\”english\\\”:\\\”\\\”},\\\”images\\\”:[{\\\”thumbnail\\\”:\\\”\\\”}],\\\”hasBeenDeployed\\\”:false,\\\”publication_date\\\”:null,\\\”publication_date_iso\\\”:null,\\\”last_modified\\\”:null,\\\”last_modified_iso\\\”:null,\\\”data_last_modified\\\”:null,\\\”data_last_modified_iso\\\”:null,\\\”keywords\\\”:[\\\”vj\\\”,\\\”visual-journalism\\\”,\\\”visualjournalism\\\”,\\\”visual journalism\\\”],\\\”locations\\\”:{\\\”regions\\\”:[]}},\\\”defaultPort\\\”:1031,\\\”usedPort\\\”:1031,\\\”generateForMozart\\\”:true,\\\”hasGithubRepo\\\”:true,\\\”bespokeOrbitCacheTTL\\\”:false,\\\”shouldAllowDeviceTracking\\\”:true,\\\”shadowDom\\\”:true,\\\”generator\\\”:\\\”basic-project\\\”,\\\”projectNamespace\\\”:\\\”newsspec-34996-mortgage-calculator\\\”,\\\”generatorVersion\\\”:\\\”10.1.4\\\”,\\\”projectName\\\”:\\\”newsspec-34996-mortgage-calculator\\\”,\\\”outputDir\\\”:\\\”include/newsspec/34996-mortgage-calculator\\\”,\\\”optimiseImagesOnEveryBuild\\\”:false,\\\”includes\\\”:{\\\”app\\\”:{\\\”uuid\\\”:\\\”8236f762-98ef-4d6c-8a5f-b612687454f8\\\”}},\\\”pathToWrapperAssets\\\”:\\\”https://news.files.bbci.co.uk/include/newsspec/34996-mortgage-calculator/assets/embed\\\”,\\\”pathToInclude\\\”:\\\”https://news.files.bbci.co.uk/include/newsspec/34996-mortgage-calculator/english/app/embed\\\”,\\\”pathToWrapperAssetsToInclude\\\”:\\\”https://news.files.bbci.co.uk/include/newsspec/34996-mortgage-calculator/english/app/embed\\\”};\\n\\u003c/script>\\n\\u003clink rel=\\\”stylesheet\\\” href=\\\”https://news.files.bbci.co.uk/include/newsspec/34996-mortgage-calculator/assets/embed/css/inline.css??v=1.0.0.202305101619\\\”>\\n\\u003cdiv id=\\\”responsive-embed-newsspec-34996-mortgage-calculator-app\\\” class=\\\”bbc-news-vj-embed-wrapper\\\”>\\n \\u003cdiv id=\\\”responsive-embed-newsspec-34996-mortgage-calculator-app-core-content\\\”>\\n \\u003cnoscript>\\n \\u003cp>A modern browser with JavaScript and a stable internet connection is required to view this interactive.\\u003c/p>\\n \\u003c/noscript>\\n \\u003cdiv class=\\\”mortgage-calc__content-container\\\” style=\\\”display:none;\\\”>\\n \\u003ch2 id=\\\”lookup-header\\\”>How much could my mortgage go up by?\\u003c/h2>\\n \\u003cform id=\\\”mortgage-calc\\\” class=\\\”width-restrict\\\” aria-label=\\\”How much could my mortgage go up by?\\\”>\\n \\u003cdiv class=\\\”label__container\\\”>\\n \\u003clabel class=\\\”label__input \\\” for=\\\”form_input_1\\\”>How much are you borrowing?\\u003c/label>\\n \\u003cbutton class=\\\”label__info-btn\\\” data-id=\\\”info-button-1\\\” aria-label=\\\”More info on borrowing\\\”>\\u003c/button>\\n \\u003cdiv class=\\\”info-box info-button-1\\\”>\\n \\u003cdiv class=\\\”info-box__text info-button-1\\\”>If you have an existing mortgage enter the outstanding balance left to pay. If not, enter the total you are looking to borrow.\\u003c/div>\\n \\u003c/div>\\n \\u003c/div>\\n \\n \\u003cdiv class=\\\”input__container \\\”>\\n \\u003cinput id=\\\”form_input_1\\\”\\n name=\\\”form_input_1\\\” \\n type=\\\”number\\\”\\n value=\\\”160000\\\”\\n min=\\\”0\\\” \\n max=\\\”10000000\\\”\\n data-default=\\\”160000\\\”\\n step=\\\”any\\\”\\n required=\\\”required\\\”\\n >\\n \\n \\u003cdiv class=\\\”input__btn-container\\\”>\\n \\u003cbutton class=\\\”input__btn-increment\\\” data-direction=\\\”increment\\\” data-key=\\\”form_input_1\\\” aria-label=\\\”increase £\\\”>\\u003c/button>\\n \\u003cbutton class=\\\”input__btn-decrement\\\” data-direction=\\\”decrement\\\” data-key=\\\”form_input_1\\\” aria-label=\\\”decrease £\\\”>\\u003c/button>\\n \\u003c/div>\\n \\u003cspan class=\\\”input__number-format\\\” aria-hidden=\\\”true\\\”>£\\u003c/span>\\n \\u003c/div>\\n \\u003cdiv class=\\\”label__container\\\”>\\n \\u003clabel class=\\\”label__input \\\” for=\\\”form_input_2\\\”>How long will you take to pay it back?\\u003c/label>\\n \\u003cbutton class=\\\”label__info-btn\\\” data-id=\\\”info-button-2\\\” aria-label=\\\”More info on repayment periods\\\”>\\u003c/button>\\n \\u003cdiv class=\\\”info-box info-button-2\\\”>\\n \\u003cdiv class=\\\”info-box__text info-button-2\\\”>If you have an existing mortgage enter the total number of years remaining. If not, enter the total number of years you are looking to borrow over.\\u003c/div>\\n \\u003c/div>\\n \\u003c/div>\\n \\n \\u003cdiv class=\\\”input__container \\\”>\\n \\u003cinput id=\\\”form_input_2\\\”\\n name=\\\”form_input_2\\\” \\n type=\\\”number\\\”\\n value=\\\”20\\\”\\n min=\\\”1\\\” \\n max=\\\”50\\\”\\n data-default=\\\”20\\\”\\n step=\\\”any\\\”\\n required=\\\”required\\\”\\n >\\n \\n \\u003cdiv class=\\\”input__btn-container\\\”>\\n \\u003cbutton class=\\\”input__btn-increment\\\” data-direction=\\\”increment\\\” data-key=\\\”form_input_2\\\” aria-label=\\\”increase years\\\”>\\u003c/button>\\n \\u003cbutton class=\\\”input__btn-decrement\\\” data-direction=\\\”decrement\\\” data-key=\\\”form_input_2\\\” aria-label=\\\”decrease years\\\”>\\u003c/button>\\n \\u003c/div>\\n \\u003cspan class=\\\”input__number-format\\\” aria-hidden=\\\”true\\\”>years\\u003c/span>\\n \\u003c/div>\\n \\u003cdiv class=\\\”radio__container\\\”>\\n \\u003cfieldset>\\n \\u003cdiv class=\\\”label__container\\\”>\\n \\u003clegend class=\\\”label__input\\\”>What is your current…\\u003c/legend>\\n \\u003cbutton class=\\\”label__info-btn\\\” data-id=\\\”info-button-3\\\” aria-label=\\\”More info on interest rates\\\”>\\u003c/button>\\n \\u003cdiv class=\\\”info-box info-button-3\\\”>\\n \\u003cdiv class=\\\”info-box__text\\\”>For those with a mortgage enter the rate for your current fixed term. For those without a mortgage enter an interest rate from another source, such as a bank’s mortgage rate calculator.\\u003c/div>\\n \\u003c/div>\\n \\u003c/div>\\n \\u003cdiv class=\\\”radio__group\\\”>\\n \\u003cdiv class=\\\”input-container\\\”>\\n \\u003cinput class=\\\”radio-input\\\” type=\\\”radio\\\” id=\\\”interest\\\” name=\\\”format-selector\\\” value=\\\”interest\\\” checked=\\\”true\\\”>\\n \\u003clabel for=\\\”interest\\\”>interest rate\\u003c/label>\\n \\u003c/div>\\n \\u003cdiv class=\\\”input-container\\\”>\\n \\u003cinput class=\\\”radio-input\\\” type=\\\”radio\\\” id=\\\”monthly\\\” name=\\\”format-selector\\\” value=\\\”monthly\\\”>\\n \\u003clabel for=\\\”monthly\\\”>monthly payment\\u003c/label>\\n \\u003c/div>\\n \\u003c/div>\\n \\u003c/fieldset>\\n \\n \\u003cdiv class=\\\”label__container\\\”>\\n \\u003clabel class=\\\”label__input off-screen\\\” for=\\\”form_radio_input_1\\\”>interest rate\\u003c/label>\\n \\u003c/div>\\n \\n \\u003cdiv class=\\\”input__container input__container–radio\\\”>\\n \\u003cinput id=\\\”form_radio_input_1\\\”\\n name=\\\”form_radio_input_1\\\” \\n type=\\\”number\\\”\\n value=\\\”2.00\\\”\\n min=\\\”0.50\\\” \\n max=\\\”10.50\\\”\\n data-default=\\\”2.00\\\”\\n step=\\\”any\\\”\\n required=\\\”required\\\”\\n >\\n \\n \\u003cdiv class=\\\”input__btn-container\\\”>\\n \\u003cbutton class=\\\”input__btn-increment\\\” data-direction=\\\”increment\\\” data-key=\\\”form_radio_input_1\\\” aria-label=\\\”increase %\\\”>\\u003c/button>\\n \\u003cbutton class=\\\”input__btn-decrement\\\” data-direction=\\\”decrement\\\” data-key=\\\”form_radio_input_1\\\” aria-label=\\\”decrease %\\\”>\\u003c/button>\\n \\u003c/div>\\n \\u003cspan class=\\\”input__number-format\\\” aria-hidden=\\\”true\\\”>%\\u003c/span>\\n \\u003c/div>\\n \\u003c/div>\\n \\u003cdiv class=\\\”label__container\\\”>\\n \\u003clabel class=\\\”label__input \\\” for=\\\”form_input_3\\\”>Choose an interest rate to compare with…\\u003c/label>\\n \\u003c/div>\\n \\n \\u003cdiv class=\\\”input__container \\\”>\\n \\u003cinput id=\\\”form_input_3\\\”\\n name=\\\”form_input_3\\\” \\n type=\\\”number\\\”\\n value=\\\”5.00\\\”\\n min=\\\”0.10\\\” \\n max=\\\”100.00\\\”\\n data-default=\\\”5.00\\\”\\n step=\\\”any\\\”\\n required=\\\”required\\\”\\n >\\n \\n \\u003cdiv class=\\\”input__btn-container\\\”>\\n \\u003cbutton class=\\\”input__btn-increment\\\” data-direction=\\\”increment\\\” data-key=\\\”form_input_3\\\” aria-label=\\\”increase %\\\”>\\u003c/button>\\n \\u003cbutton class=\\\”input__btn-decrement\\\” data-direction=\\\”decrement\\\” data-key=\\\”form_input_3\\\” aria-label=\\\”decrease %\\\”>\\u003c/button>\\n \\u003c/div>\\n \\u003cspan class=\\\”input__number-format\\\” aria-hidden=\\\”true\\\”>%\\u003c/span>\\n \\u003c/div>\\n \\u003cinput class=\\\”submit-btn\\\” type=\\\”submit\\\” value=\\\”Calculate\\\” />\\n \\u003c/form>\\n \\u003cdiv class=\\\”results__container–figures\\\” aria-hidden=\\\”true\\\”>\\n \\u003cdiv class=\\\”width-restrict\\\”>\\n \\u003cp class=\\\”results__para\\\”>At this rate, your payments could change by…\\u003c/p>\\n \\u003cdiv class=\\\”results__figures\\\”>\\n \\u003cp class=\\\”results__figure results__figure–monthly-increase\\\”>\\u003cspan class=\\\”figure\\\”>\\u003c/span>\\n monthly change\\u003c/p>\\n \\u003cp class=\\\”results__figure–to\\\”>to\\u003c/p>\\n \\u003cp class=\\\”results__figure results__figure–monthly-total\\\”>\\u003cspan class=\\\”figure\\\”>\\u003c/span>\\n monthly total\\u003c/p>\\n \\u003c/div>\\n \\u003c/div>\\n \\u003c/div>\\n \\u003cp class=\\\”results–off-screen off-screen\\\”>\\u003c/p>\\n \\u003cdiv class=\\\”results__container–repayment-estimate\\\”>\\n \\u003cp class=\\\”results__estimate width-restrict\\\”>\\u003c/p>\\n \\u003c/div>\\n \\u003cdiv class=\\\”results__container–error\\\”>\\n \\u003cp class=\\\”results__error\\\”>The information you provided on your monthly payments would not be sufficient to pay off your mortgage within the number of years given.\\u003c/p>\\n \\u003c/div>\\n \\u003cdiv class=\\\”disclaimer\\\”>\\n \\u003cp class=\\\”disclaimer-para\\\”>This calculator does not constitute financial advice. It is based on a standard mortgage repayment formula based on the mortgage size and length and a fixed interest rate. It should be used as a guide only and does not represent the suitability, eligibility or availability of mortgage offers for users. 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\”,\”blocks\”:[{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”The Bank of England has raised interest rates for a 12th consecutive time as it tries to stop prices rising so quickly. \”,\”attributes\”:[\”bold\”]}}]}}]}},{\”type\”:\”text\”,\”model\”:{\”blocks\”:[{\”type\”:\”paragraph\”,\”model\”:{\”text\”:\”The Bank rate has gone up to 4.5% from 4.25% following a meeting of the Monetary Policy Committee. \”,\”blocks\”:[{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”The Bank rate has gone up to 4.5% from 4.25% following a meeting of the Monetary Policy Committee. \”,\”attributes\”:[]}}]}}]}},{\”type\”:\”text\”,\”model\”:{\”blocks\”:[{\”type\”:\”paragraph\”,\”model\”:{\”text\”:\”The change means further pain for some homeowners, but it could benefit savers.\”,\”blocks\”:[{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”The change means further pain for some homeowners, but it could benefit 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borrowing\\\”,\\\”form_format_1\\\”:\\\”£\\\”,\\\”form_default_1\\\”:\\\”160000\\\”,\\\”form_placeholder_1\\\”:\\\”160,000\\\”,\\\”form_step_1\\\”:\\\”1000\\\”,\\\”form_min_1\\\”:\\\”0\\\”,\\\”form_max_1\\\”:\\\”10000000\\\”,\\\”form_input_2\\\”:\\\”How long will you take to pay it back?\\\”,\\\”info_button_aria_label_2\\\”:\\\”More info on repayment periods\\\”,\\\”form_format_2\\\”:\\\”years\\\”,\\\”form_default_2\\\”:\\\”20\\\”,\\\”form_placeholder_2\\\”:\\\”20\\\”,\\\”form_step_2\\\”:\\\”1\\\”,\\\”form_min_2\\\”:\\\”1\\\”,\\\”form_max_2\\\”:\\\”50\\\”,\\\”form_input_begin_radio\\\”:\\\”ignore\\\”,\\\”form_radio_label\\\”:\\\”What is your current…\\\”,\\\”info_button_aria_label_3\\\”:\\\”More info on interest rates\\\”,\\\”form_radio_input_1\\\”:\\\”interest 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again\\\”,\\\”form_label_increase\\\”:\\\”increase\\\”,\\\”form_label_decrease\\\”:\\\”decrease\\\”,\\\”form_result__compare-results\\\”:\\\”At this rate, your payments could change by…\\\”,\\\”form_result__increase\\\”:\\\”monthly change\\\”,\\\”form_result__to\\\”:\\\”to\\\”,\\\”form_result__total\\\”:\\\”monthly total\\\”,\\\”form_result__monthly-estimate–repayment\\\”:\\\”We estimate your monthly repayments are £{{estimates-value}}.\\\”,\\\”form_result__monthly-estimate–interest\\\”:\\\”We estimate your interest rate is {{estimates-value}}%.\\\”,\\\”form_result__calculation-error\\\”:\\\”The information you provided on your monthly payments would not be sufficient to pay off your mortgage within the number of years given.\\\”,\\\”form_result__offscreen\\\”:\\\”At this rate, your monthly payments could change by {{var1}} pounds. This would be a monthly total of {{var2}} pounds.\\\”,\\\”info_input_1\\\”:\\\”If you have an existing mortgage enter the outstanding balance left to pay. If not, enter the total you are looking to borrow.\\\”,\\\”info_input_2\\\”:\\\”If you have an existing mortgage enter the total number of years remaining. If not, enter the total number of years you are looking to borrow over.\\\”,\\\”info_radio_interest\\\”:\\\”For those with a mortgage enter the rate for your current fixed term. For those without a mortgage enter an interest rate from another source, such as a bank’s mortgage rate calculator.\\\”,\\\”info_radio_monthly\\\”:\\\”For those with a mortgage enter the amount you pay for per month. For those without a mortgage enter the amount you would be paying.\\\”,\\\”disclaimer_1\\\”:\\\”This calculator does not constitute financial advice. It is based on a standard mortgage repayment formula based on the mortgage size and length and a fixed interest rate. It should be used as a guide only and does not represent the suitability, eligibility or availability of mortgage offers for users. For exact figures, users will need to approach an official mortgage lender.\\\”,\\\”disclaimer_2\\\”:\\\”Interest rates fluctuate based on the Bank of England’s base rate and market conditions.\\\”},\\\”outputs\\\”:[{\\\”wrapper\\\”:\\\”embed\\\”},{\\\”wrapper\\\”:\\\”core\\\”},{\\\”wrapper\\\”:\\\”envelope\\\”},{\\\”wrapper\\\”:\\\”amp\\\”},{\\\”wrapper\\\”:\\\”news-app\\\”},{\\\”wrapper\\\”:\\\”syndication\\\”,\\\”photoCaption\\\”:\\\”\\\”,\\\”photoURL\\\”:\\\”\\\”,\\\”hyperlinkCallToAction\\\”:\\\”Click here to see the BBC interactive\\\”},{\\\”wrapper\\\”:\\\”facebook\\\”,\\\”height\\\”:960,\\\”withMargins\\\”:\\\”yes\\\”},{\\\”wrapper\\\”:\\\”applenews\\\”,\\\”photoCaption\\\”:\\\”\\\”,\\\”photoURL\\\”:\\\”\\\”,\\\”hyperlinkCallToAction\\\”:\\\”Click or tap here to see interactive content\\\”}],\\\”usesAppJs\\\”:true,\\\”autoFixLintingErrors\\\”:false,\\\”polyfill\\\”:false,\\\”dynamicImports\\\”:true,\\\”dynamicPolyfills\\\”:[\\\”core-js/modules/es.promise\\\”,\\\”core-js/modules/es.array.iterator\\\”,\\\”core-js/modules/es.array.filter\\\”,\\\”core-js/modules/es.array.from\\\”,\\\”core-js/modules/es.array.map\\\”,\\\”core-js/modules/es.array.reduce\\\”,\\\”core-js/modules/es.object.assign\\\”,\\\”core-js/modules/es.object.entries\\\”,\\\”core-js/modules/es.object.from-entries\\\”,\\\”core-js/modules/es.object.keys\\\”,\\\”core-js/modules/es.object.values\\\”],\\\”reactProject\\\”:false,\\\”failFast\\\”:false,\\\”includePath\\\”:{\\\”responsive\\\”:true,\\\”newsapps\\\”:true,\\\”app-image\\\”:\\\”https://news.files.bbci.co.uk/include/vjassets/img/app-launcher.png\\\”,\\\”app-clickable\\\”:true,\\\”amp-clickable\\\”:true,\\\”amp-image-height\\\”:360,\\\”amp-image-width\\\”:640,\\\”amp-image\\\”:\\\”https://news.files.bbci.co.uk/include/vjassets/img/app-launcher.png\\\”,\\\”app-image-alt-text\\\”:\\\”Click or tap here to see interactive content\\\”},\\\”languages\\\”:[\\\”english\\\”],\\\”destinationSection\\\”:{\\\”english\\\”:\\\”uk\\\”},\\\”uncompressedAppBudget\\\”:\\\”(1024 * 1000) * 0.5\\\”,\\\”meta\\\”:{\\\”title\\\”:{\\\”english\\\”:\\\”\\\”},\\\”images\\\”:[{\\\”thumbnail\\\”:\\\”\\\”}],\\\”hasBeenDeployed\\\”:false,\\\”publication_date\\\”:null,\\\”publication_date_iso\\\”:null,\\\”last_modified\\\”:null,\\\”last_modified_iso\\\”:null,\\\”data_last_modified\\\”:null,\\\”data_last_modified_iso\\\”:null,\\\”keywords\\\”:[\\\”vj\\\”,\\\”visual-journalism\\\”,\\\”visualjournalism\\\”,\\\”visual journalism\\\”],\\\”locations\\\”:{\\\”regions\\\”:[]}},\\\”defaultPort\\\”:1031,\\\”usedPort\\\”:1031,\\\”generateForMozart\\\”:true,\\\”hasGithubRepo\\\”:true,\\\”bespokeOrbitCacheTTL\\\”:false,\\\”shouldAllowDeviceTracking\\\”:true,\\\”shadowDom\\\”:true,\\\”generator\\\”:\\\”basic-project\\\”,\\\”projectNamespace\\\”:\\\”newsspec-34996-mortgage-calculator\\\”,\\\”generatorVersion\\\”:\\\”10.1.4\\\”,\\\”projectName\\\”:\\\”newsspec-34996-mortgage-calculator\\\”,\\\”outputDir\\\”:\\\”include/newsspec/34996-mortgage-calculator\\\”,\\\”optimiseImagesOnEveryBuild\\\”:false,\\\”includes\\\”:{\\\”app\\\”:{\\\”uuid\\\”:\\\”8236f762-98ef-4d6c-8a5f-b612687454f8\\\”}},\\\”pathToWrapperAssets\\\”:\\\”https://news.files.bbci.co.uk/include/newsspec/34996-mortgage-calculator/assets/embed\\\”,\\\”pathToInclude\\\”:\\\”https://news.files.bbci.co.uk/include/newsspec/34996-mortgage-calculator/english/app/embed\\\”,\\\”pathToWrapperAssetsToInclude\\\”:\\\”https://news.files.bbci.co.uk/include/newsspec/34996-mortgage-calculator/english/app/embed\\\”};\\n\\u003c/script>\\n\\u003clink rel=\\\”stylesheet\\\” href=\\\”https://news.files.bbci.co.uk/include/newsspec/34996-mortgage-calculator/assets/embed/css/inline.css??v=1.0.0.202305101619\\\”>\\n\\u003cdiv id=\\\”responsive-embed-newsspec-34996-mortgage-calculator-app\\\” class=\\\”bbc-news-vj-embed-wrapper\\\”>\\n \\u003cdiv id=\\\”responsive-embed-newsspec-34996-mortgage-calculator-app-core-content\\\”>\\n \\u003cnoscript>\\n \\u003cp>A modern browser with JavaScript and a stable internet connection is required to view this interactive.\\u003c/p>\\n \\u003c/noscript>\\n \\u003cdiv class=\\\”mortgage-calc__content-container\\\” style=\\\”display:none;\\\”>\\n \\u003ch2 id=\\\”lookup-header\\\”>How much could my mortgage go up by?\\u003c/h2>\\n \\u003cform id=\\\”mortgage-calc\\\” class=\\\”width-restrict\\\” aria-label=\\\”How much could my mortgage go up by?\\\”>\\n \\u003cdiv class=\\\”label__container\\\”>\\n \\u003clabel class=\\\”label__input \\\” for=\\\”form_input_1\\\”>How much are you borrowing?\\u003c/label>\\n \\u003cbutton class=\\\”label__info-btn\\\” data-id=\\\”info-button-1\\\” aria-label=\\\”More info on borrowing\\\”>\\u003c/button>\\n \\u003cdiv class=\\\”info-box info-button-1\\\”>\\n \\u003cdiv class=\\\”info-box__text info-button-1\\\”>If you have an existing mortgage enter the outstanding balance left to pay. If not, enter the total you are looking to borrow.\\u003c/div>\\n \\u003c/div>\\n \\u003c/div>\\n \\n \\u003cdiv class=\\\”input__container \\\”>\\n \\u003cinput id=\\\”form_input_1\\\”\\n name=\\\”form_input_1\\\” \\n type=\\\”number\\\”\\n value=\\\”160000\\\”\\n min=\\\”0\\\” \\n max=\\\”10000000\\\”\\n data-default=\\\”160000\\\”\\n step=\\\”any\\\”\\n required=\\\”required\\\”\\n >\\n \\n \\u003cdiv class=\\\”input__btn-container\\\”>\\n \\u003cbutton class=\\\”input__btn-increment\\\” data-direction=\\\”increment\\\” data-key=\\\”form_input_1\\\” aria-label=\\\”increase £\\\”>\\u003c/button>\\n \\u003cbutton class=\\\”input__btn-decrement\\\” data-direction=\\\”decrement\\\” data-key=\\\”form_input_1\\\” aria-label=\\\”decrease £\\\”>\\u003c/button>\\n \\u003c/div>\\n \\u003cspan class=\\\”input__number-format\\\” aria-hidden=\\\”true\\\”>£\\u003c/span>\\n \\u003c/div>\\n \\u003cdiv class=\\\”label__container\\\”>\\n \\u003clabel class=\\\”label__input \\\” for=\\\”form_input_2\\\”>How long will you take to pay it back?\\u003c/label>\\n \\u003cbutton class=\\\”label__info-btn\\\” data-id=\\\”info-button-2\\\” aria-label=\\\”More info on repayment periods\\\”>\\u003c/button>\\n \\u003cdiv class=\\\”info-box info-button-2\\\”>\\n \\u003cdiv class=\\\”info-box__text info-button-2\\\”>If you have an existing mortgage enter the total number of years remaining. If not, enter the total number of years you are looking to borrow over.\\u003c/div>\\n \\u003c/div>\\n \\u003c/div>\\n \\n \\u003cdiv class=\\\”input__container \\\”>\\n \\u003cinput id=\\\”form_input_2\\\”\\n name=\\\”form_input_2\\\” \\n type=\\\”number\\\”\\n value=\\\”20\\\”\\n min=\\\”1\\\” \\n max=\\\”50\\\”\\n data-default=\\\”20\\\”\\n step=\\\”any\\\”\\n required=\\\”required\\\”\\n >\\n \\n \\u003cdiv class=\\\”input__btn-container\\\”>\\n \\u003cbutton class=\\\”input__btn-increment\\\” data-direction=\\\”increment\\\” data-key=\\\”form_input_2\\\” aria-label=\\\”increase years\\\”>\\u003c/button>\\n \\u003cbutton class=\\\”input__btn-decrement\\\” data-direction=\\\”decrement\\\” data-key=\\\”form_input_2\\\” aria-label=\\\”decrease years\\\”>\\u003c/button>\\n \\u003c/div>\\n \\u003cspan class=\\\”input__number-format\\\” aria-hidden=\\\”true\\\”>years\\u003c/span>\\n \\u003c/div>\\n \\u003cdiv class=\\\”radio__container\\\”>\\n \\u003cfieldset>\\n \\u003cdiv class=\\\”label__container\\\”>\\n \\u003clegend class=\\\”label__input\\\”>What is your current…\\u003c/legend>\\n \\u003cbutton class=\\\”label__info-btn\\\” data-id=\\\”info-button-3\\\” aria-label=\\\”More info on interest rates\\\”>\\u003c/button>\\n \\u003cdiv class=\\\”info-box info-button-3\\\”>\\n \\u003cdiv class=\\\”info-box__text\\\”>For those with a mortgage enter the rate for your current fixed term. For those without a mortgage enter an interest rate from another source, such as a bank’s mortgage rate calculator.\\u003c/div>\\n \\u003c/div>\\n \\u003c/div>\\n \\u003cdiv class=\\\”radio__group\\\”>\\n \\u003cdiv class=\\\”input-container\\\”>\\n \\u003cinput class=\\\”radio-input\\\” type=\\\”radio\\\” id=\\\”interest\\\” name=\\\”format-selector\\\” value=\\\”interest\\\” checked=\\\”true\\\”>\\n \\u003clabel for=\\\”interest\\\”>interest rate\\u003c/label>\\n \\u003c/div>\\n \\u003cdiv class=\\\”input-container\\\”>\\n \\u003cinput class=\\\”radio-input\\\” type=\\\”radio\\\” id=\\\”monthly\\\” name=\\\”format-selector\\\” value=\\\”monthly\\\”>\\n \\u003clabel for=\\\”monthly\\\”>monthly payment\\u003c/label>\\n \\u003c/div>\\n \\u003c/div>\\n \\u003c/fieldset>\\n \\n \\u003cdiv class=\\\”label__container\\\”>\\n \\u003clabel class=\\\”label__input off-screen\\\” for=\\\”form_radio_input_1\\\”>interest rate\\u003c/label>\\n \\u003c/div>\\n \\n \\u003cdiv class=\\\”input__container input__container–radio\\\”>\\n \\u003cinput id=\\\”form_radio_input_1\\\”\\n name=\\\”form_radio_input_1\\\” \\n type=\\\”number\\\”\\n value=\\\”2.00\\\”\\n min=\\\”0.50\\\” \\n max=\\\”10.50\\\”\\n data-default=\\\”2.00\\\”\\n step=\\\”any\\\”\\n required=\\\”required\\\”\\n >\\n \\n \\u003cdiv class=\\\”input__btn-container\\\”>\\n \\u003cbutton class=\\\”input__btn-increment\\\” data-direction=\\\”increment\\\” data-key=\\\”form_radio_input_1\\\” aria-label=\\\”increase %\\\”>\\u003c/button>\\n \\u003cbutton class=\\\”input__btn-decrement\\\” data-direction=\\\”decrement\\\” data-key=\\\”form_radio_input_1\\\” aria-label=\\\”decrease %\\\”>\\u003c/button>\\n \\u003c/div>\\n \\u003cspan class=\\\”input__number-format\\\” aria-hidden=\\\”true\\\”>%\\u003c/span>\\n \\u003c/div>\\n \\u003c/div>\\n \\u003cdiv class=\\\”label__container\\\”>\\n \\u003clabel class=\\\”label__input \\\” for=\\\”form_input_3\\\”>Choose an interest rate to compare with…\\u003c/label>\\n \\u003c/div>\\n \\n \\u003cdiv class=\\\”input__container \\\”>\\n \\u003cinput id=\\\”form_input_3\\\”\\n name=\\\”form_input_3\\\” \\n type=\\\”number\\\”\\n value=\\\”5.00\\\”\\n min=\\\”0.10\\\” \\n max=\\\”100.00\\\”\\n data-default=\\\”5.00\\\”\\n step=\\\”any\\\”\\n required=\\\”required\\\”\\n >\\n \\n \\u003cdiv class=\\\”input__btn-container\\\”>\\n \\u003cbutton class=\\\”input__btn-increment\\\” data-direction=\\\”increment\\\” data-key=\\\”form_input_3\\\” aria-label=\\\”increase %\\\”>\\u003c/button>\\n \\u003cbutton class=\\\”input__btn-decrement\\\” data-direction=\\\”decrement\\\” data-key=\\\”form_input_3\\\” aria-label=\\\”decrease %\\\”>\\u003c/button>\\n \\u003c/div>\\n \\u003cspan class=\\\”input__number-format\\\” aria-hidden=\\\”true\\\”>%\\u003c/span>\\n \\u003c/div>\\n \\u003cinput class=\\\”submit-btn\\\” type=\\\”submit\\\” value=\\\”Calculate\\\” />\\n \\u003c/form>\\n \\u003cdiv class=\\\”results__container–figures\\\” aria-hidden=\\\”true\\\”>\\n \\u003cdiv class=\\\”width-restrict\\\”>\\n \\u003cp class=\\\”results__para\\\”>At this rate, your payments could change by…\\u003c/p>\\n \\u003cdiv class=\\\”results__figures\\\”>\\n \\u003cp class=\\\”results__figure results__figure–monthly-increase\\\”>\\u003cspan class=\\\”figure\\\”>\\u003c/span>\\n monthly change\\u003c/p>\\n \\u003cp class=\\\”results__figure–to\\\”>to\\u003c/p>\\n \\u003cp class=\\\”results__figure results__figure–monthly-total\\\”>\\u003cspan class=\\\”figure\\\”>\\u003c/span>\\n monthly total\\u003c/p>\\n \\u003c/div>\\n \\u003c/div>\\n \\u003c/div>\\n \\u003cp class=\\\”results–off-screen off-screen\\\”>\\u003c/p>\\n \\u003cdiv class=\\\”results__container–repayment-estimate\\\”>\\n \\u003cp class=\\\”results__estimate width-restrict\\\”>\\u003c/p>\\n \\u003c/div>\\n \\u003cdiv class=\\\”results__container–error\\\”>\\n \\u003cp class=\\\”results__error\\\”>The information you provided on your monthly payments would not be sufficient to pay off your mortgage within the number of years given.\\u003c/p>\\n \\u003c/div>\\n \\u003cdiv class=\\\”disclaimer\\\”>\\n \\u003cp class=\\\”disclaimer-para\\\”>This calculator does not constitute financial advice. It is based on a standard mortgage repayment formula based on the mortgage size and length and a fixed interest rate. It should be used as a guide only and does not represent the suitability, eligibility or availability of mortgage offers for users. 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So there is a limit as to how effective UK interest rate rises will be.\”,\”attributes\”:[]}}]}}]}},{\”type\”:\”text\”,\”model\”:{\”blocks\”:[{\”type\”:\”paragraph\”,\”model\”:{\”text\”:\”However, other countries are taking a similar approach, and have also been raising interest rates.\”,\”blocks\”:[{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”However, other countries are taking a similar approach, and have also been raising interest rates.\”,\”attributes\”:[]}}]}}]}},{\”type\”:\”image\”,\”model\”:{\”blocks\”:[{\”type\”:\”altText\”,\”model\”:{\”blocks\”:[{\”type\”:\”text\”,\”model\”:{\”blocks\”:[{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”International interest rate graphic\”,\”attributes\”:[]}}]}}]}},{\”type\”:\”rawImage\”,\”model\”:{\”height\”:1000,\”width\”:1280,\”locator\”:\”B2B5/production/_129694754_microsoftteams-image-2.png\”,\”originCode\”:\”cpsprodpb\”,\”copyrightHolder\”:\”BBC\”}}]}},{\”type\”:\”text\”,\”model\”:{\”blocks\”:[{\”type\”:\”paragraph\”,\”model\”:{\”text\”:\”The US central bank has announced big rate rises which have taken its key rate to levels not seen for 16 years. 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It has \”,\”attributes\”:[]}},{\”type\”:\”urlLink\”,\”model\”:{\”text\”:\”just raised rates again\”,\”locator\”:\”https://www.bbc.co.uk/news/business-65474456\”,\”blocks\”:[{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”just raised rates again\”,\”attributes\”:[]}}]}},{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”.\”,\”attributes\”:[]}}]}}]}},{\”type\”:\”text\”,\”model\”:{\”blocks\”:[{\”type\”:\”paragraph\”,\”model\”:{\”text\”:\”The European Central Bank has just raised its main interest rate in Europe by a quarter of a percentage point, to 3.25%.\”,\”blocks\”:[{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”The European Central Bank has just raised its main interest rate in Europe by a quarter of a percentage point, to 3.25%.\”,\”attributes\”:[]}}]}}]}},{\”type\”:\”text\”,\”model\”:{\”blocks\”:[{\”type\”:\”paragraph\”,\”model\”:{\”text\”:\”Other central banks around the world have also raised rates, as inflation continues to cause problems in a host of major economies.\”,\”blocks\”:[{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”Other central banks around the world have also raised rates, as inflation continues to cause problems in a host of major economies.\”,\”attributes\”:[]}}]}}]}},{\”type\”:\”links\”,\”model\”:{\”blocks\”:[{\”type\”:\”link\”,\”model\”:{\”blocks\”:[{\”type\”:\”text\”,\”model\”:{\”blocks\”:[{\”type\”:\”paragraph\”,\”model\”:{\”text\”:\”Why are prices rising so much?\”,\”blocks\”:[{\”type\”:\”urlLink\”,\”model\”:{\”text\”:\”Why are prices rising so much?\”,\”locator\”:\”/news/business-12196322\”,\”blocks\”:[{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”Why are prices rising so much?\”,\”attributes\”:[]}}]}}]}}]}},{\”type\”:\”image\”,\”model\”:{\”blocks\”:[{\”type\”:\”altText\”,\”model\”:{\”blocks\”:[{\”type\”:\”text\”,\”model\”:{\”blocks\”:[{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”Money\”,\”attributes\”:[]}}]}}]}},{\”type\”:\”rawImage\”,\”model\”:{\”height\”:549,\”width\”:976,\”locator\”:\”1333/production/_127151940_89f08761-4848-4ac0-aee5-fbf4084a36b5.jpg\”,\”originCode\”:\”cpsprodpb\”,\”copyrightHolder\”:\”BBC\”}}]}}],\”timestamp\”:1683808223000}},{\”type\”:\”link\”,\”model\”:{\”blocks\”:[{\”type\”:\”text\”,\”model\”:{\”blocks\”:[{\”type\”:\”paragraph\”,\”model\”:{\”text\”:\”Is this a banking crisis – how worried should I be?\”,\”blocks\”:[{\”type\”:\”urlLink\”,\”model\”:{\”text\”:\”Is this a banking crisis – how worried should I be?\”,\”locator\”:\”/news/business-64951630\”,\”blocks\”:[{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”Is this a banking crisis – how worried should I be?\”,\”attributes\”:[]}}]}}]}}]}},{\”type\”:\”image\”,\”model\”:{\”blocks\”:[{\”type\”:\”altText\”,\”model\”:{\”blocks\”:[{\”type\”:\”text\”,\”model\”:{\”blocks\”:[{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”woman at atm\”,\”attributes\”:[]}}]}}]}},{\”type\”:\”rawImage\”,\”model\”:{\”height\”:549,\”width\”:976,\”locator\”:\”10EC2/production/_129041396_gettyimages-1140203471.jpg\”,\”originCode\”:\”cpsprodpb\”,\”copyrightHolder\”:\”.\”}}]}}],\”timestamp\”:1683039032000}},{\”type\”:\”link\”,\”model\”:{\”blocks\”:[{\”type\”:\”text\”,\”model\”:{\”blocks\”:[{\”type\”:\”paragraph\”,\”model\”:{\”text\”:\”Why does the Bank of England change interest rates?\”,\”blocks\”:[{\”type\”:\”urlLink\”,\”model\”:{\”text\”:\”Why does the Bank of England change interest rates?\”,\”locator\”:\”/news/business-50837114\”,\”blocks\”:[{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”Why does the Bank of England change interest rates?\”,\”attributes\”:[]}}]}}]}}]}},{\”type\”:\”image\”,\”model\”:{\”blocks\”:[{\”type\”:\”altText\”,\”model\”:{\”blocks\”:[{\”type\”:\”text\”,\”model\”:{\”blocks\”:[{\”type\”:\”fragment\”,\”model\”:{\”text\”:\”Bank of England\”,\”attributes\”:[]}}]}}]}},{\”type\”:\”rawImage\”,\”model\”:{\”height\”:549,\”width\”:976,\”locator\”:\”130F6/production/_103407087_gettyimages-154742233.jpg\”,\”originCode\”:\”cpsprodpb\”,\”copyrightHolder\”:\”.\”}}]}}],\”timestamp\”:1683802869000}}]}}]},\”product-navigation\”:{\”assetUri\”:\”/news/business-57764601\”},\”bbcAccount\”:{\”signInPrompt\”:{\”show\”:false,\”userOrigin\”:null,\”ptrt\”:null},\”pageType\”:\”content\”}},\”route\”:\”/news/:id\”}”;

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