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How much is monthly payment on 150k mortgage UK?At a % fixed interest rate, your monthly mortgage payment on a year $, mortgage might total $ a month, while a year might. A $, mortgage might have a monthly payment of as little as $ per month, even with a 7% interest rate, so it should be affordable for. Principal = $,; Number of monthly payments (N) = 12 x 30 = ; Annual interest rate (I) = 6%.