A first -time buyer taking out a £100,000 tracker mortgage would pay an extra £12 a month using the new interest rates

Loan

size

£000s

Monthly

repayment

at 2%

Total cost

at 2.25%

100

£370

£382

125

£462

£478

150

£555

£573

£647

£669

175

200

£739

£764

250

£924

£955

300

£1,109

£1,146

400

£1,479

£1,528

Total cost

at 2.25%

Loan size

£000s

Monthly

repayment at 2%

100

£370

£382

125

£462

£478

150

£555

£573

£647

£669

175

200

£739

£764

250

£924

£955

300

£1,109

£1,146

400

£1,479

£1,528